The latest speculation emerging from the Russian market is that there may be a stay of execution in the gaming industry there.

The Russian gambling market is scheduled to close in July 2009, except for four gaming zones‚ in different parts of the country.

However, the constant lobbying within the Russian parliament for an extension to the breathing space given to the industry to close down may be bearing some fruit.

Those Russian sources are suggesting that the extension may take the industry through to 2014, but there is no official confirmation.