Industry news
Relocation of the gambling zone Azov City to Anapa is lied over.Chairman of Industrial business and trade association in a sphere of amusement and gambling Nicolay Oganezov said that “even if amendments won’t be adopted (about relocation of the gambling zone), their discussion has already caused a financial loss for Azov City”. According to his words the investors became very carefully with the investments, authorities of Krasnodar region has given to understand that the zone isn’t interesting for them. RGW
The opening of the SugarHouse Casino will take place on Thursday. It will be the 10th casino in the state. The project was delayed by many protests and delays, but is officially opening on Thursday for the first time. The casino said that they expect thousands of people to attend their grand opening. The location is home to more than 1,600 slot machines and more than 40 table games. The casino went through a number of test runs of all...
Discussion of disputable amendments regarding replacement and regulation of gambling activity has carried over the end of September. The idea of replacement of gambling zone from Rostov and Krasnodar region to Anapa arises bewilderment and indignation.Investors are worried and has stopped the works. Everybody is waiting for the studying the issue by State Duma. RGW
The company set a price range of 16.10 to 19.60 euros for the initial public offering (IPO) after receiving the green light from France's AMF stock market regulator.The offer period is expected to close on September 29, with the price to be set on September 30. Talks with NYSE Euronext are due to begin on October 1, Lucien Barriere said in a statement on Thursday. The IPO covers 15,227,587 existing shares in the company, or 42.61 percent, owned by Accor,...
The European courts ruled that the restrictions were anti-competitive - handing a second victory to multi-billion dollar betting industry. On Wednesday it ruled that German laws protecting state monopolies for gambling were unjustified, opening to a huge online betting market. bbc.co.uk