• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Novomatic says not sold into Russia market over past years

Mar 16, 2022 Newsdesk Industry Talk, Latest News  


Novomatic says not sold into Russia market over past years

Casino equipment supplier Novomatic AG has told GGRAsia the firm has “not sold gaming equipment to the Russian market over the past years”. The firm said additionally that it had “no licence to operate gaming venues in Russia and therefore does not operate venues in Russia.”

It was in response to GGRAsia asking whether the Austria-based group had any of its slot machines or systems currently operating in the Primorye Integrated Entertainment Zone (IEZ), an area earmarked for casino development near Vladivostok, in the Russian Far East.

Russia is currently subject to wide-ranging economic sanctions, following its military invasion of Ukraine.

Either sale or operation of equipment are not the only routes by which proprietary gaming technology can enter a market.

Nonetheless, the Austrian company noted: “Novomatic strictly and as a matter of principle complies with all national laws and regulations, including any sanctions requirements imposed – and as a matter of course also those against Russia.”

It added: “The Novomatic business philosophy has always been to strictly adhere to binding regulations.”

GGRAsia also contacted several other major casino equipment suppliers – with a significant presence in Asia-Pacific markets – on the Russia topic, after Australia-based gaming technology provider Aristocrat Leisure Ltd issued a statement giving an update regarding its presence in Ukraine and Russia.

Aristocrat separately clarified to GGRAsia it had not supplied electronic gaming machines in the Russian land-based sector “for many years”, and had no “gaming business” there. But the company said it had suspended its mobile games in that market,  as “operating in Russia is currently not viable.”

Gaming equipment supplier International Game Technology Plc (IGT) said in an email to GGRAsia on March 11, it had “no further feedback” regarding whether the firm had equipment in the Primorye casino resort market.

On March 1, at the time of IGT’s fourth-quarter earnings, Vincent Sadusky, the firm’s recently-appointed chief executive, said on conference call: “It is hard to know if we will experience any impact from the conflict between Russia and Ukraine.”

He added: “We have minimal direct exposure to those countries, but the repercussions for Europe and the rest of the world are difficult to assess at this time.”

GGRAsia also approached gaming technology supplier Light & Wonder Inc – formerly known as Scientific Games Corp – asking about its exposure to the Russia market. We had not received any feedback by the time this story went online.

It is not only some gaming suppliers that have exposure either to Ukraine or Russia, or both places. Several casino operators have also been affected.

Brokerage Daiwa had said in a March 8 note that “sanctions” against the Russian Federation had “led to suspension of the Russia project” in the Primorye IEZ for Hong Kong-listed casino group NagaCorp Ltd.

Summit Ascent Holdings Ltd, the Hong Kong-listed chief backer of the Tigre de Cristal casino resort in Primorye, said in a Tuesday filing it had been “closely monitoring the market conditions and the impact” on business arising from the “Russia-Ukraine conflict since late February 2022”.


  • tweet
Related articles
  • Light & Wonder to expand facilities in the Philippines: CEO
    Light & Wonder to expand...

    Sep 29, 2023  

  • Suntrust starts recruiting for Manila scheme: Summit Ascent
    Suntrust starts recruiting for Manila...

    Sep 14, 2023  

More news
  • Sands China to revitalise firecracker factory, old streets
    Sands China to revitalise firecracker...

    Sep 29, 2023  

  • Bloomberry aims to raise up to US$99mln via share sale
    Bloomberry aims to raise up to US$99mln...

    Sep 29, 2023  


Latest News

Sands China to revitalise firecracker factory, old streets

Sands China to revitalise firecracker factory, old streets

Sep 29, 2023  

Macau casino operator Sands China Ltd is to add more cultural and tourism elements to the site of the old Iec Long Firecracker Factory and its surrounding areas in Taipa, as part of a government-led...
Read More
Bloomberry aims to raise up to US$99mln via share sale

Bloomberry aims to raise up to US$99mln via share sale

Sep 29, 2023  

S.Korea Daegu Casino fined US$776k for AML breaches 

S.Korea Daegu Casino fined US$776k for AML breaches 

Sep 29, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The Philippines has been the primary growth driver, but really the broader Asian gaming industry is something that’s really important to us”

Matt Wilson

Chief executive of casino equipment provider Light & Wonder



Most Popular

  • International Ent to invest at least US$1bln in Manila IRInternational Ent to invest at least US$1bln in Manila IR September 28, 2023
  • Galaxy Ent to build ice rink, bookshop at Macau old shipyardsGalaxy Ent to build ice rink, bookshop at Macau old… September 28, 2023
  • Light & Wonder to expand facilities in the Philippines: CEOLight & Wonder to expand facilities in the Philippines:… September 29, 2023
  • S.Korea Daegu Casino fined US$776k for AML breaches S.Korea Daegu Casino fined US$776k for AML breaches  September 29, 2023
  • Osaka, MGM-Orix sign implementation deal for IROsaka, MGM-Orix sign implementation deal for IR September 28, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us