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Casinos
by jo on December 6, 2004
Russia: "Ka-Ching" Go The Slots
Once outlawed in communist Russia, the gambling bug has hit the Russian man on the street in the form of slot machines.
The number of slot machines is growing rapidly, hitting 250,000 this year, compared to 12,500 in 1999 and revenues are hitting $2.8 billion.
International businesses are now taking notice and with gambling licenses available at minimal cost, its not a difficult market to enter. The largest arcade owner Ritzio Entertainment Group, who run Vulkan Game Clubs will make $300 million in revenues this year and $120 million profit, whilst a British company, Super Slots sits at number 3 in the market
Once outlawed in communist Russia, the gambling bug has hit the Russian man on the street in the form of slot machines.
The number of slot machines is growing rapidly, hitting 250,000 this year, compared to 12,500 in 1999 and revenues are hitting $2.8 billion.
International businesses are now taking notice and with gambling licenses available at minimal cost, its not a difficult market to enter. The largest arcade owner Ritzio Entertainment Group, who run Vulkan Game Clubs will make $300 million in revenues this year and $120 million profit, whilst a British company, Super Slots sits at number 3 in the market
Permalink: Russian Slots Market is Booming
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/4264
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Rating: 6.00 out of 1 vote(s) cast.
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Response from:
CryptoJoe
(12/06/04 7:45pm)
Man, imagine a trip to Russia instead of Vegas, how about Vladivostok being the new Vegas, its Remote and on the other side of the country from the capitol. I guess the Russians figured out an easier way to skim money off the the population.
Response from:
RuKsaK
(12/07/04 6:03am)
It'll never surpass alcohol in Russia
ЯuKsaK
http://ruksak.blogspot.com/
ЯuKsaK
http://ruksak.blogspot.com/
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