Crimea approves future gaming zone

The Crimean authorities have finally approved the boundaries of a future gaming zone, a local website, Novyy Krym (New Crimea) has reported.

The zone will be based on the territory of the Zhemchuzhina (Pearl) spa resort in the village of Gaspra in Yalta, according to a decree of the Crimean Council of Ministers. It will occupy the area of 16.8 hectares.

Earlier, Crimean head Sergei Aksenov said that foreign investors had made their proposals for the future zone. However, according to Aksenov, only Russian investors will be involved in its development.

More news from this jurisdiction

RussiaMonday, Sep 18, 2017

Infrastructure work has finally kicked off at Russian gambling zone, Siberian Coin, with the head of the Siberian interregional grid company announcing the construction of an electrical substation.

RussiaTuesday, Sep 05, 2017

Craig Ballantyne, chief operating officer of Summit Ascent Holdings is resigning from his current position to take on a new role at Melco International Development Ltd.

RussiaMonday, Sep 04, 2017

Russian media watchdog Roskomnadzor is demanding all Russian search engines to delist and deny access to gaming operators deemed as ‘blacklisted’, SBC News reports.

RussiaMonday, Aug 28, 2017

The Primorsky Krai Development Corporation has extended the deadline for receiving applications for the auction of land meant for casino development in Primorye.

RussiaWednesday, Aug 16, 2017

The Russian Ministry for the Development of the Russian Far East has begun drafting amendments to the law on gambling, aimed at streamlining management of the Primorye gambling zone.

RussiaWednesday, Jul 26, 2017

UK bookmaker Betfred has closed its poker room in Russia, with users complaining of the bookmaker's actions on specialized forums.

RussiaMonday, Jul 10, 2017

Cambodian casino operator NagaCorp has renamed its Russian casino project in Primorye to Naga Vladivostok.