Results of gambling and entertainment conference – RGW Sochi 

October 27, 2016, Sochi (Sea Galaxy) hosted the industry conference dedicated to the establishment of the gambling zone in Gorki Gorod and Rosa Khutor and the further development of gambling industry in Russia – RGW Sochi.  

The event was organized by Smile-Expo with the official support of Sochi City Administration. Yuliya Malorodnova, Deputy Head of the Department for Resorts and Tourism in Sochi, opened RGW Sochi with the welcome speech.     

What did speakers discuss?

They discussed the increasing amount of tourists due to the gambling zone establishment.  

Yuliya Malorodnova told that the first casino in Sochi would be opened on December 14, 2016, but in test mode. And a grand-opening of the first gambling venue in the new gambling zone would take place on January 5, 2017. The expert also noted that Azov City would not compete with Sochi gambling platform, because this gambling zone expected an inrush of solely foreign tourists. Gorki Gorod territory is designed for 1.5 thousand people in winter. The first Krasnaya Polyana casino will allow 1700 guests to play at the same time. Ultimately, city authorities are going to receive up to 600 thousand tourists annually.                

New changes in gambling legislation.

Lawyers Mariya Lepschikova (LLC PL) and Alexander Tarasenko (Baker & McKenzie) spoke within the conference. Mariya described in detail new amendments in the Law “On the state regulation of activities associated with the organization of and carrying on gambling and on amending individual Legislative acts of the Russian Federation” and told how business owners could operate in accordance with new legislation. Alexander reveled recent blocking of gambling thematic websites and applications.   

Bookmakers’ expectations regarding Krasnaya Polyana gambling zone in Sochi. 

Konstantin Makarov and Valeriy Molchanov, President and Head of General Legal and Law Making Division at Bingo Boom, discussed this issue. Experts stressed that the localization of gambling zones boosted the betting development, allowing the industry to enter a new level. Valeriy also revealed key regulation issues of gambling zones in Russia.  

Secrets of successful implementation of land-based casinos. 

Leonid Kashapov, former director of non-profit Association for Development of the gambling zone Azov City, stressed the important role of gambling organizer unions in gambling zones and revealed the issue of extended investment geography in gambling. Stanislav Verigin, General Director at In Tech LLC, shared secrets of how to indemnify your casino against fraud using special video surveillance systems.      

Conference moderator was Lavrenty Gubin, Public Relations Director at Storm International. 

A discussion also involved other famous gambling industry representatives: Nicolay Oganezov (former head of Self-regulatory Organization of Bookmakers) and Craig Robertson Ballantyne (Chief Operating Officer at Tigre de Crystal).     

The demo zone became a presentation platform of new gambling equipment and casino software. Guests learned about relevant trends that could be applied in land-based gambling business and online casinos. Participating companies included: Slotegrator, IMPULSE Sport Betting, KSI Corporation, METEOBET, CASEXE, Prospectacy, UB│GAMING, World Biff, and InTech.     

Guests were able to communicate with speakers and conference participants in informal surroundings during coffee break, organized by L’Kafa.  

We express our gratitude to:

silver sponsor: KSI Corporation; 
coffee break sponsor: L’Kafa family company;  
lanyard sponsor: CASEXE;
all conference participants and guests.

Smile-Expo exhibition company, the organizer of the event, was glad to see everyone at the industry event, RGW Sochi. We are waiting for you at the next gambling events in 2017!      

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