Illegal casinos that are russian Part of the Gaming Picture

Illegal casinos that are russian Part of the Gaming Picture

The old coal mining adage that ‘I owe my soul to the company shop’ has taken on bizarre meaning with the recent discovery of an underground immigrant slave garment manufacturing ‘village’ in Moscow, replete with a casino that is equally illegal. The town that is underground held 200 Asian employees held captive against their will was found by police in yet another raid, one of hundreds to occur throughout Russia; a country where gambling, like vodka, appears to take the genes (not to mention, jeans).

Just State Nyet to Gambling

Massive authorities raids of the country’s underground (not necessarily literally) casinos have led to some 662 shutdowns to date, while the Russian Interior Ministry’s Moscow office says that an ancillary special ops task force has slammed the doors on 4,747 joints that were supplying moonshine that is illegal, to the tune of 31 tons of booze in all. Your livers will later thank you, Russkies.

The casino cloud that is prohibition-style hangs over Russia started back in summer of 2009; that’s when gambling in all but four somewhat hard-to-access designated gambling regions were pronounced as illegal gambling zones. (We’re pretty sure booze isn’t illegal anywhere there, but possibly absolutely nothing short of ethyl liquor will give their jaded livers a jolt anymore).

Hey Big Spender

And while Russia’s average-guy take home pay just under $21,000 is underneath the typical American’s ( even yet

Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand

Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand

If you bet that the $1.5 billion acquisition of slot machine game manufacturer WMS Industries by Scientific Games Corporation would increase New York-based Scientific’s road cred on Wall Street, please move forward: ding ding ding, we now have a winner! The buyout is expected to create both WMS and Scientific Games in the community of $100 million in complementary cost-savings between the 2 merged companies, and that’s making investors’ ears perk up.

Lottery Suits Slots

Scientific happens to be on the lookout for the video slot maker for awhile now; the organization provides lottery systems plus the equipment to operate the same to numerous American states, Canadian provinces and even some foreign nations. Don’t count on Nevada being one of those though; not gonna happen.

For WMS stockholders, life is good; Scientific Games shelled out $26 per WMS share, that was about 59 percent over just what the slot manufacturer shut at back on Jan. 31 of this present year.

‘We carry on to develop more comfortable with the pending WMS acquisition from both a simple and more importantly business stability perspective,’ said Stifel Nicolaus Capital Markets video gaming analyst Steven Wieczynski about the merger at an investor meeting that is recent.

Gaming Platforms Will Benefit Lottery Customers

And even though Nevada may not be getting a state lottery anytime soon, Scientific can still make use that is good of’ social-