Almost 70% of Moscow’s casinos and slot machine parlors had been closed recently Moscow deputy mayor Iosif Ordzhonikidze said at a press conference on Thursday, the Interfax news agency reports.
However, the official noted that tax revenues of the Moscow budget from gambling have declined by just 3 percent. Over 2,000 from total 2,720 gambling houses have been closed, so tax revenues were supposed to decline substantially Iosif Ordzhonikidze said.
According to the independent research the owner of just one slot machine makes an average profit of $10,000 per month. Gambling business tax returns have struck a seven billion ruble mark, roughly 260 million U.S. Dollars.
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| Source: mosnews
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Friday, 3 November 2006 |
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