Novomatic Returns to Russia

Russia & CISRussia ♦ Published: May 23, 2011; 14:44 ♦ (Vindobona)

The Austrian gaming machine manufacturer intends to cooperate with a Russian casino operator after it had to pull out of the country in 2009.

Novomatic Returns to Russia / Picture: ©

The Lower-Austrian Novomatic group wants to play an active role in Russia again. The company’s subsidiary Austrian Gaming Industries (AGI) signed a memorandum of understanding for a “substantial commitment” with Royal Time Group, which is based in Kazan, the capital of the Russian constituent republic of Tatarstan.

At the end of 2006, the country’s former President…