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Russians Return to Casinos

8 September 2003

MOSCOW, Russia – As reported by the Channel NewsAsia: "…The moment night falls on Moscow, the city lights up with neon.

"Welcome to LasVegas...Russian style.

"Dozens of casinos open their doors every night for the city's high rollers.

"New casinos are opening every month - wherever you look: on Moscow's main streets....even down on the river.

"…Outside the gaming houses, cars are on display - if you're lucky enough, you might drive one away.

"…Casino managers said Russians were more-than-willing to take a chance because the country is still a cash-driven economy.

"Rich Russians account for 99 percent of casino visitors. Most are wealthy enough already to own their own homes and cars.

"With little to invest in, they have plenty of cash-in-hand: it's a Klondike for casino owners.

"…Gaming experts estimate that Moscow will remain a promised land for casinos for another two or three years…"

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