Investor IZ “Krasnaya Polyana” will allocate 14,5 billion rubles to open a casino near Vladivostok

On the first day of the Eastern Economic Forum, which takes place from September 2 to 4 in Vladivostok, a major agreement was signed. The main author of the initiative was Dmitry Anfinogenov, director for the development of the gaming zone “Krasnaya Polyana”.

According to a press release, his company Vostok Resorts LLC has committed itself to a large-scale plan to start next year. It is based on opening of a brand new casino and a modern hotel complex with several hundreds of rooms of different comfort level in the Primorye Gaming Zone. According to preliminary data, the total investment volume will amount to about 14.5 billion rubles.

“Our goal is to open a first-class casino, which will meet all the major world standards. Also accompany it with a developed infrastructure. With such actions we want to achieve a significant increase in tourist flow from neighboring countries. As you can guess we are talking about China, Japan and Korea. This market is incredibly promising and saturated – more than 1 billion people. We already have experience of completing projects on this scale for IZ Krasnaya Polyana. This is a great opportunity for us to outline the next launch,” said Dmitry Afinogenov.

It is claimed that about 1,000 people will be involved in the construction of the facilities in question. The entire construction process is planned to be realized in four years. Tax revenues from the work of the new casino and hotel will be evenly distributed among the various sectors of the economy of the Primorsky region.

According to the statistical information provided, since 2016 IZ “Krasnaya Polyana” has welcomed more than 2 million tourists from 155 countries. Earlier, the zone administration officially announced that it was planning to develop the area following the example of the American gambling capital, Las Vegas.

Recall that a major investor has expressed willingness to allocate 10.5 billion rubles for the development of IZ “Primorye”.