Positive Results for Russian Gaming Week 2016Published November 13, 2016 by Florin P
The Russian Gaming Week 2016 brought together industry leaders in Sochi to discuss the future of gambling in Russia.
Earlier this year, Russian government signed a resolution aimed at creating a gambling zone in Sochi. This is supposed to be the fifth such area in the country and will go by the name of “Krasnaya Poliana”. Not surprisingly, the Russian Gaming Week 2016 was held in this city at the Black Sea, in October 27. It brought together industry leaders, legal agents, experts from various fields and casino developers.
As a leading distributor of solutions for online casinos, Slotegrator was represented at the events. Sales managers from Roman Kuts and Vadim Potapenko shared their expertise with fellow participants and learned a couple of things themselves. Their company’s stand exhibited innovative solutions for online gambling, ranging from tools used to build gaming platforms from scratch to specialized software
Slotegrator's Summary of the Russian Gaming Week 2016
Roman Kuts and Vadim Potapenko shared their impressions about this special gaming week in Sochi. The ones who represented the federal government gave some hints regarding the future of online, but mostly land-based gambling in Russia. The sheer challenges of developing a gambling zone in this part of the country were discussed. The goal was to find new ways to attract investment and identify the legislative changes that could help the gambling business.
The two sales managers from Slotegrator were impressed by the commitment showed by Russian authorities. Apparently they are highly motivated to turn the Krasnaya Poliana gambling zone into a successful project. They addressed most of the issues raised by speakers, who were concerned about existing legislative regulations. Some went a step further and contemplated the possibility of crypto currency being used, given the surging popularity of bitcoins and block-chain technologies
Sochi Can Pave the Way to More Gambling Areas
The city at the Black Sea was chosen for its infrastructure, but also to salvage some of the massive investments made before the Olympics. Roman and Vadim highlighted the fact that both local and central authorities expect the gambling area to bring a lot of money to state coffers. The proximity to Turkey should also help their cause, given the fact that gambling is banned in this country. There is a lot of interest for land-based gambling in Russia, but the influx of tourists from Turkey would be a plus.
Slotegrator and other participants at the gambling market are doing marketing research to find ways to cash in on these fast-changing circumstances. If the Russian authorities follow through with their plans to provide the infrastructure and legislative support, the Krasnaya Poliana could be a success. The Russian Gaming Week in Sochi also provides participants with a chance to exchange ideas and opinions. If the wheels are set in motion, they’ll be able to use this newfound knowledge to strengthen their businesses.