omfort and service have been the keys to success in the Million clubs, which provide clients with facilities to watch news and sports before and after key games. “A good start and sensible business results after two years have given a boost to our energy and sparked new, interesting ideas for next year, which we are confident we can realize,” said Vitaly Veselko, REG CEO.
Rival Astra may be the largest operator in Romania in terms of the number of gaming clubs but it has been in the market for 12 years. By contrast, in a mere two years, Ritzio Romania has opened clubs in Bucuresti, Pitesti, Brasov, Ploiesti, Ramnicu Vilcea, Galati, Vaslui, Bistrita and Cluj, with a total of 643 gaming machines and 20 electronic roulette tables. As well as developing existing Million clubs, the company plans to launch 11 new clubs in nine cities this year.
REG leads the field in leisure and entertainment in Eastern Europe. The holding employs over 25,000 staff in 12 countries (Russia, Ukraine, Belarus, Kazakhstan, Latvia, Lithuania, Estonia, Romania, the Czech Republic, Bolivia, Peru and Mexico).
The Ritzio Group and Management Company were established in 2002, incorporating some companies that had been operating as far back as 1992. Today gambling clubs, casinos, entertainment centres, bars and restaurants are successfully operating under the holding's brands, including Vulkan, Million, Metro-Jackpot, King and City Casino.
The company's 2006 revenue reached us$ 1,171.8 million, a 68% increase compared with the previous year. Revenue in 2007 is forecast to top us$ 1,600 million.