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.
