BELARUS NEWS AND ANALYSIS

DATE:

23/07/2009

Belarus moves to take Russian Casino Business

In the wake of Russia and the Ukraine both making changes to legislation, that restrict any kind of gambling activity taking place within their borders, Belarus is moving in completely the opposite direction.

The President of Belarus, Alexander Lukashenka is ready to sign a decree that will open up the countries gambling industry, hopefully attracting investors and high-rollers that no-longer find themselves welcome in either Russia or the Ukraine.

Belarus has already managed to lure a Russian based casino. Storm International operated Shangri la casino has recently opened in the Belarusian capital Minsk. The casino opened with just five tables and ten slot machine, but they already plan to double in size over the next few weeks. Michael Boettcher, President of Storm International is planning to bring VIP players from Moscow just a short pane journey away.

The Belarusian governments movement into gaming is one of many Eastern European countries that are currently trying to capitalize on Russia and the Ukraine's change of heart. It will be interesting to see how things move forward, and if Eastern Europe will become of of the new centers for global gaming.

Source:

http://www.calidagaming.com/news/fullnews.php?news_title=Belarus%20moves%20to%20take%20Russian%20Casino%20Business%2007-23-2009

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