It is expected that 11 casinos will be operational by the year 2023 at the Primorye Gambling Zone in far East Russia. During his most recent trip to the region, acting regional vice governor Konstantin Shestakov disclosed this news.
Seven different countries across the region, including Russia, China, Hong Kong, the kingdom of Cambodia, and South Korea have invested RUB 78.5 billion ($1.2 billion) within the region. Three of these casinos will be operational by the end of 2020, said Shestakov.
“We have entered the final stage of constructing two new entertainment complexes with casinos in the gambling zone. An investor from Cambodia is completing an 11-story hotel with a casino and a concert hall, while a Russian investor, Shambhala CJSC, will launch its casino tentatively in March 2020. Workers are already finishing the building.”
As mentioned on the Calvinayre.com website, Primorsky Krai Development Corporation JSC is currently supervising all work on the site.
Shestakov assured in the statement that construction is going as planned and that they wholeheartedly expect all 11 casino sites to be operational within the next four years.
This development means a lot for the Primorye Gambling Zone and the Russian government. It is expected that it will become a major tourism attraction. Already, they have set their sights on luring Japanese tourists, which they consider as a key target group, and are associating with Japanese tourist agencies to promote the zone.
Also, this is hoped to be the first of two major developments. Russian President Vladimir Putin has been focused on developing this region as a great gambling hub and holiday tourist attraction, since the annexation of Crimea in 2014.
Currently, there are four regions which have been authorized for gambling in the Russian Federation. These include Altai, Kaliningrad, Krasnodar and Primorsky. Crimea has wanted to become an additional region for gambling; however, has not received the proper support to create interest in development.
There is great motivation to try to develop these regions as soon as possible. It has brought in a half a billion rubles each year since the Tigre de Cristal opened its doors in 2015. Already this casino has been visited by 1.5 million people, showing its viability.