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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…

Russia – Five proposals on the Nash dom Primorye table

Cambodia’s leading operator NagaCorp is one of five casino groups that have lodged their interest in developing a resort in the Primorsky Territory Administration, on land close to Vladivostok in Russia’s Far East. Nash dom – Primorye OJSC, acting for and on behalf of the Primorsky Territory Administration, said it had officially received six responses…

Russia – Vladivostock casino deadline pushed back

A surge of late interest in the development of a Vladivostok casino zone has forced State-owned promoter Nash Dom – Primorye to extend the deadline for submissions to October 5. The original deadline for interested parties to submit their applications was September 21 but a flood of enquiries following the recent Asia-Pacific Economic Cooperation summit,…

Russia-Seven in for Primorsky project but no concepts received

Seven companies have so far shown an interest in developing casinos as part of the Russian gambling zone earmarked for Vladivostok in the Primorsky Territory in the Far East. However reports in the Russian media that they have already committed to a combined investment so far of US$625m are jumping the gun a little. Alexander…

Russia- Vladivostok calls for casino blueprints

Vladivostok has moved closer to its aim of becoming one of Russia’s four gambling zones with OJSC Nash Dom Primorye, a wholly owned government corporation of the Primorsky Territory government of Russia, issuing a Request for Concepts (RFC) process inviting global investors to develop integrated resorts with casino gaming components, at its Integrated Entertainment Zone (IEZ)….

Russia- Vladivostok pins hopes on Chinese gamblers

The Russian authorities are hoping that following the failure so far of its remote gambling zones, the lure of being able to attract Chinese gamblers will convince developers to invest in its gambling and entertainment zone near the port of Vladivostok. The city is the administrative center of Primorsky Krai and is located close to…