International edition
October 19, 2021

As well as entrance to new markets of the Czech Republic and Belarus

Ritzio Entertainment Group announces results of its operations in Romania

(Romania).- Building on its competitive advantages to achieve a fast market share growth, within eighteen months Ritzio Entertainment Group has succeeded to become the third largest gaming operator in Romania.

Romania is the first country in Eastern Europe where Ritzio Entertainment has spread its core business, - says the President of Ritzio Entertainment Group Oleg Boyko. - This choice was substantiated by the strategic importance of Romania: its entrance to European Union, consistent legislation on gaming and absence of large competitors. Our operational results in Romania only confirm our choice”.

For the moment, Ritzio Romania operates 19 clubs under Million brand (643 gaming machines, 20 electronic roulettes) located in 7 cities. The company's future plans include the launch of 10 new clubs in large regional cities.

At the beginning of 2007, Ritzio entered the Czech market. Today, Ritzio Czech Republic operates 31 clubs (400 gaming machines) all around the country under the Grand Prix brand. Ritzio Group considers the possibility to buy local operators in the future and occupy 15 % of the market.

The company has also entered the Belarus market in early 2007, and today the Holding operates 17 gaming clubs (500 gaming machines). All Ritzio operations and business activities in Belarus will be conducted under Vulcan brand. The company's future plans include opening of 20 new clubs and increasing the quantity of gaming machines to 1500.

Today Ritzio Entertainment Group operates in 12 countries. It is the largest operator of network projects in the sphere of leisure and entertainment in Eastern Europe. The Holding operates in Russia, Ukraine, Belarus, Kazakhstan, Latvia, Lithuania, Estonia, Romania, Czech Republic, Bolivia, Peru and Mexico. Europe and Latin America remain the priority regions for the company's business expansion.

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