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Tag Archives: Gambling Zones

Russia – Duma strikes agreement on Crimea and Sochi gambling zones

The State Duma in Russia has signed off a bill to develop two more gambling zones in Crimea and Sochi in order to bring investment and more tourists to the regions. Anatoly Karpov, the First Deputy Chairman of the Duma Committee, said: “The creation of a gambling zone in Crimea will attract additional investment to…

Russia – Melco Crown yet to confirm Primorye commitment

Despite media outlets across the world reporting it as fact, Melco Crown Entertainment has so far refused to confirm its involvement as a casino operator in the future Russian gaming zone ofPrimorye. Speculation has been intense since Summit Ascent Holdings, a Hong Kong-based company that is 37 per cent owned by Lawrence Ho, the co-chairman…