Russian Casino owners prefer foreign locations over approved sites

July 7, 6:11 PMCasino ExaminerKevin Adams

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MOSCOW, RUSSIA - Russian casino operators closed this month by the government are saying they will look to European areas to relocate their casino businesses, rather than move to the designated zones being set up by the Russian government. Lack of infrastructure and desolate sites picked by the Russian government are causing casino owners to look into other places like Montenegro, Croatia, Serbia, and other countries as the new Locations for their businesses.

Russian gaming operators believe it would be easier and less time consuming for their existing customer base to travel outside of Russia, rather than make their way to Siberia or the Pacific Coast near the border of China.

Montenegro is a good example of what the exiled gaming operators are looking for; a politically stable area, with good Russia relations.

Watch Short Videos of Montenegro

The new conditions mean less regulation for the casinos, a concern for authorities worldwide. US investigators have already documented the country's inability to monitor against money laundering.

But, as long as Putin's police continue to enforce the order restricting Russian gambling, then the loosely regulated gaming countries of Southeastern Europe are going to be a good possibility for relocating casino operators. Online casinos will also reap the benefits of the Russian casino closures.

Sites like Barnyard Poker are ready to take on Russian gamblers by making their site available in the Russian language. Check out the Russian version here.
 

Continue to video pages 1 & 2

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