Lyubov Loginova to analyze gambling business in Russia and Ukraine

Alsart Chairman to open RGW-2010 conference

2010-05-31
Reading time 1:01 min

"Although the casinos disappeared in Russia and in Ukraine a year ago, the gambling markets there still exist. By my estimates, that volume is not less than in 2008", - says Lyubov Loginova, -"The markets have just transformed; they have taken other forms, but left the same gambling content."

It's not a secret that after the closure of gambling establishments in 2009 in Russia, pseudo-lottery halls with slot machines begun to appear, disguised as lottery terminals, Internet clubs with direct access to online casinos, and simply illegal gambling halls. The same situation exists in Ukraine after the ban of gambling there.

The authorities fight with such establishments, but results are unsuccessful. Shadow gambling business in the countries is growing at the backdrop of widespread corruption, the reluctance of some operators to abandon the usual source of income and the indifference from most of the former casino visitors to the legality of the institution in which they play.

However in difficult conditions for conducting honest business, for the last year new forms of work have appeared, corresponding to the current legislation. Nowadays, the Alsart Group is one of the few commercial structures which survived the gambling industry crisis in the CIS countries, rebuilt their business and are actively developing one in the new reality.

"I hope a frank conversation about what's happening in the industry; what decisions are "working" on the market and what to expect in the near future will be held at the RGW 2010", - said Lyubov Loginova, - "I am ready for such a constructive dialogue.”

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR