Russian casino group Ritzio Entertainment plans London IPO: report

MOSCOW (AFX) - Russian gaming giant Ritzio Entertainment Group, owner of a chain of casinos and gambling parlors in republics of the former Soviet Union, plans to put 15.0 pct of its capital up for sale as shares listed on the London Stock Exchange, the business daily Vedomosti reported.

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Tue, December 6th, 2005

Related Gambling News:

Do you know that:

  • Casino chips were used in the 18th century as a substitute for money being wagered. Originally, they were pieces of bones, mother of pearl or ivory engraved with the name of the casino and their respective value.
  • Catholics were found to be more likely to gamble than Protestants and other religious groups. Catholics were also found to be less likely to disapprove of gambling than other religious groups.
  • At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
  • In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.