- Primorye in talks with developers over billion-dollar gambling zone building contracts
- Medvedev moves to toughen gambling law
- Will Russian cities get their casinos back?
- Police raid shuts down illegal casino in central Moscow
- First casino to open in Russian gambling zone
VLADIVOSTOK, November 14 (RIA Novosti) - The construction of a first casino and a hotel has begun in the Far Eastern gambling zone, the administration of the Primorye Region said on Wednesday.
Under a 2007 law, which came into force on July 1, 2009, casinos and other gaming establishments can operate only in four remote areas designated for gambling: in the Baltic exclave of Kaliningrad, south Siberia's Altai Territory, Primorye in the Far East, and in southern Russia near the Sea of Azov. As of July 2012, Russia’s only two legal casinos operated in the Azov gambling zone.
The first stage of the Primorye gambling zone project, due to be completed by 2015, is supervised by the region’s governor Vladimir Miklushevsky.
According to the governor, the gambling zone will serve as an “anchor” for developing the region’s tourism infrastructure.
“The gambling zone itself is not the most important thing, but it is like an anchor. In the modern tourism business, income from the gambling zone itself makes from 30 to 40 percent of all tourism revenues. The rest comes from other sources, such as amusement parks and shopping centers,” he said.
Under the plan, casinos, hotels, a yacht club, a multipurpose trade and entertainment center as well as many other tourist and recreation facilities will be built in the Primorye gambling zone.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: A down-to-earth person
Infographics: The Linguistic Diversity of the Planet
Ukraine has not preserved its 1991 borders. The signing of the Geneva memorandum on April 17 reaffirmed the willingness of Russia, the United States and EU countries to reach a compromise. While the sides continue to trade tough talk and symbolic sanctions, the Kremlin and the White House are also holding a parallel dialogue on the coordinated geopolitical revision of Eastern Europe.