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...which affects not only casinos but also slot machines and bookmakers - is set to push up unemployment levels in one of the regions already hardest hit by the economic crisis. In Russia, an estimated 400,000 people will be put out of work, and in Ukraine, "overnight, 200,000 workers have been left without a job," says Hryhoriy Trypulsky, vice president of the Ukrainian Association of Gambling Operators. "The legislation has been rushed through without any thought of the consequences...

Author: /time Magazine | Title: All Bets Are Off: Russia and Ukraine Ban Gambling | 7/2/2009 | See Source »

...some time, with parliament passing legislation in 2006 that would restrict gambling to four remote areas as of July 1 this year. But Ukrainian lawmakers were slower off the mark and only sprang into action in May, after nine people were killed in a fire at a slot-machine hall in Dnipropetrovsk in eastern Ukraine. After the fire brought national attention to an industry that was already widely frowned upon, lawmakers pounced. The legislation they passed places a temporary ban on gambling while plans are drawn up to restrict gambling to special zones, most likely in Crimea on Ukraine...

Author: /time Magazine | Title: All Bets Are Off: Russia and Ukraine Ban Gambling | 7/2/2009 | See Source »

...Minister Yulia Tymoshenko's party. "It is destroying the Ukrainian nation on a moral level." Gambling has boomed across Russia and Ukraine since the collapse of the Soviet Union in 1991; before the ban, Ukraine boasted more than 100,000 legal gambling establishments, ranging from flashy casinos to dingy slot-machine halls. (See a video on the casino bet made by Bethlehem...

Author: /time Magazine | Title: All Bets Are Off: Russia and Ukraine Ban Gambling | 7/2/2009 | See Source »

...have his decision overturned by parliament. And Interior Minister Yuriy Lutsenko, who will be in charge of enforcing the ban, has expressed his misgivings that all establishments are being tarred with the same brush. "I think it's wrong to ban casinos," he told reporters, adding that he blames slot-machine halls, not casinos, for the rise in gambling addiction. (Read "Holy Craps! How a Gambling Grandma Broke the Record...

Author: /time Magazine | Title: All Bets Are Off: Russia and Ukraine Ban Gambling | 7/2/2009 | See Source »

...industry swamis were surprised to see that in the early studio tabulation last Sunday, the movie came in a close second to the Pixar hit Up. The following day they were flummoxed by the full weekend figures, showing that The Hangover actually beat out Up for the No. 1 slot, $45 million to $44.3 million. Films flip-flopping the top two positions from early estimates to final ones: that hardly ever happens. (TIME Reviews The Hangover: A Bro-Magnon Bromance...

Author: /time Magazine | Title: Box Office Weekend: The Hangover Parties On | 6/15/2009 | See Source »

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