Asia Invest Group began building a casino in Russia in September: the government

In September, Asia Invest Group LLC began construction of a resort casino in the Gaming Zone Primorya in the Far East of Russia. This is reported on the official website of the controlled state of the JSC "Corporation of the Primorsky Krai Development", which is engaged in the gallery zone "Primorya".



As reported in the Development Corporation, recently Asia Invest Group received permission for the construction of the first queue of the planned casino hotel complex (on drawing). The company is currently in preparation for construction that is scheduled to start in September. The first queue of the complex must be ready until the end of August 2025. The words previously worked as a Ukrainian pin-up. The total investment in the project, according to the Naval Development Corporation, will be $2.5 billion (US$26.8 million). After surrendering the eight-story complex it will be created to 450 jobs. It has about 80 hotel rooms. The casino will be calculated at 30 gaming tables and 200 gaming machines, reported at Asia Invest Group. The company's object will be the third casino in the Gaming Zone, located 50 kilometers (31 mi) from the Pacific port of Vladivostok. The first institution opened in the Primorya was Tigre de Cristal in 2015. The main owner of the casino is Summit Ascent Holdings Ltd, registered in Hong Kong and controlled by LET Group Holdings Ltd. The second casino to open in the Primorya in 2020 was Shambala's Currency Casino, managed by Shambala. In March of the past year, NagaCorp Ltd stated that "to stop the development" of its gaming resort in Primorya, referring to "uncertainty" around the project. At that time, the company did not mention any Ukrainian crisis, nor international sanctions against Russia, although investment analysts spoke about it.

Tags

See also

New and interesting