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Ritzio Expansion
Published:  12 June, 2007

Ritzio Entertainment Group has announced the results of its operations in Romania and its entrance into new markets of the Czech Republic and Belarus. Building on its competitive advantages to achieve a fast market share growth, within eighteen mouths Ritzio Entertainment Group has succeeded to become the third largest gaming operator in Romania.

“Romania is the first country in Eastern Europe where Ritzio Entertainment has spread its core business,” said the President of Ritzio Entertainment Group Oleg Boyko. “This choice was substantiated by the strategic importance of Romania: its entrance to European Union, consistent legislation on gaming and absence of large competitors. Our operational results in Romania only confirm our choice,” he added. At the moment Ritzio Romania operates 19 clubs under the Million brand (643 gaming machines, 20 electronic roulettes) located in seven cities. The company’s future plans include the launch of ten new clubs in large regional cities. At the beginning of 2007 Ritzio Entertainment Group entered the Czech market. Today Ritzio Czech Republic operates 31 clubs (400 gaming machines) all around the country under the Grand Prix brand. Ritzio Group considers the possibility to buy local operators in the future and occupy 15% of the market. The company has also entered the Belarus market in early 2007, and today the Holding operates 17 gaming clubs (500 gaming machines). All Ritzio operations and business activities in Belarus will be conducted under Vulcan brand. The company’s future plans include opening of 20 new clubs and increasing the quantity of gaming machines to 1500.Today Ritzio Entertainment Group operates in 12 countries. Europe and Latin America remain the priority regions for the company’s business expansion.


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