Posts Tagged ‘Russian Gaming’

Can American Casinos Turn Vladivostok into the Next Macau?

by , Oct 18, 2012 | 1:00 pm

The Russian government has wagered $18 billion in infrastructure projects for the southern port city of Vladivostok on a gamble that American casino giants will turn the area into the next Macau.

Vladivostok may also become known for something more than just its proximity to northeastern Asia, a minuscule gaming tax and a market hungry for casinos.

Russian mobsters.

We’re not talking the drug lords that Arnold Schwarzenegger and Jim Belushi chased down in the 1988 film “Red Heat.” Nor do they resemble the arms dealer portrayed by Nicolas Cage in the 2005 movie “Lord of War.”

Today’s organized crime in Russia is disguised as legitimate business operations.