Illegal gambling in Moscow booming, FSB officer talks to AGB

    Published in: Latest Intelligence Underground gambling is thriving in Moscow, formerly the most profitable hub in Russia’s $7.8 billion market, with a national ban imposed in 2009 only serving to spawn a boom in illegal casinos. Illegal gambling dens and official corruption are seen as posing a serious threat to efforts to attract foreign investment to the country’s four official gambling zones.“There are approximately a thousand of flats scattered around Moscow, where you can gamble if you know the owner of the place or have a good reputation among its standing customers,” an officer of The Federal Security Service of the Russian Federation (FSB) told AGBrief on condition of anonymity.“Those are usually two-to-ten-room flats stuffed with poker and roulette tables, but it’s a common picture for places that target VIP-clients,” he added. He estimates that the annual turnover of Russia’s gambling industry has jumped by 150 percent since the ban was imposed,...

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