Gambling Zone planned in Far East Russia

18 March 2008

Earlier this month the Governor of Primorsky Krai held a press conference to discuss plans to build a gambling zone on Russkiy Island, which is located at the far eastern end of Russia.

"As world practice shows, modern gambling businesses are more than casinos." said Governor Darkin. They are highly developed entertainment infrastructures, including family entertainment. These are very diverse leisure services: theaters, galleries, restaurant businesses, water fun parks, playgrounds and circuses.

"The gambling zone in Primorye will become an anchor that will allow Primorye to attract investment into this business."

At the moment, more than $6 billion is being invested in Russkiy Island in preparation for the 2012 Asia-Pacific Economic Cooperation (APEC) Summit. The funds are being spent on construction and reconstruction of roads (including two new federal highways), infrastructure development, development of a sea port (including landings for passenger vessels of "Grand Princess" and VIP class) , airport improvement, an oceanarium, an opera, a ballet house, a conference center, a medical center and a press center.

450 hectares of land are reserved for building in the gambling zone.