Russia is looking to revamp their casino gambling industry from the ground up, beginning with the establishment of new state gambling regulations. The progressive regulations have already been drawn up in a presidential gambling bill, which the Committee on Economic Policy under the State Duma lower house of the Russian Parliament. Now, the Committee on Economic Policy is recommending the Parliamentary House to schedule a second reading of the bills provisions, which contain amendments to the locale of specified casino gambling zones.

Russia has been busy trying to get a grasp on its gambling industry, which had become marked by Georgian mafia infiltration and was fast becoming a breeding ground for cyber criminals using hi-tech knowledge to extort online casinos, sportsbooks and the like. With new casino quotas and regulations requiring casino operators to have $22.4 million in assets, 80% slot machine gains and government issued gambling licenses, the amended legislation introduced this year has been nothing short of prodigious.

The Russian gambling industry currently generates roughly $6 billion in annual revenue, which according to current and prospected trends, should rise pending the passage of bill. With new gambling zones designated in the Kaliningrad region, Altai Republic, Maritime territory, Krasnodar and Rostov,  the scope and size of casinos will be accordingly determined.

Those zones which are designated as residential will be given nothing less than 800 square meters while those zones of "special" designation will be located beyond residences. The amendments will likely get their second reading, which at this time, appear to be in good favor with the general public.