Russian Gaming Companies Turn to the West

The decision of the Russian Government to place casino gambling outside of main cities makes casino companies think of expansion and new business initiatives as it is not clear what will happen to their gaming business.

Thus, Ritzio, the largest gaming company in Eastern Europe, is raising money to start its expansion not only in Europe, but also in Latin America. The company needs $500 million to realize their intentions.

Being located out of Cyprus, Ritzio has 160 gaming clubs in Germany and a recently opened slot hall in Serbia.

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About Mark Newman

Mark Newman - was born in 1971 in Pictou, a town located on the beautiful Northumberland Shore of Nova Scotia, Canada. In 1998 he graduated from Acadia University (Nova Scotia, Wolfville) with the Master’s degree in social studies. Mark simply adores his wife and sons. Considers poker to be one of the most exquisite kinds of art and rarely misses his chance of practicing.