Chinese investment to finance Primorye casino project
Russia to Build $700 Million Casino Complex with Assistance from Melco
Russia is set to construct a new casino complex in the Primorye region, valued at an impressive $700 million. The project, which was announced during the Far East Investment Congress, will see the collaboration of Melco, a prominent Chinese gambling operator based in Macau.
The agreement for the construction of this ambitious casino complex was signed by the region's government officials. The complex, once completed, will boast over 800 gaming machines and more than 65 regular and VIP tables, providing an extensive gaming experience for visitors.
Accommodation-wise, the casino complex will offer 110 guest rooms for those looking to stay and play. The exact location within the Primorye region has not been specified yet, but it is expected that further details will be released as the project progresses.
The construction and administrative operations for the casino complex are set to begin after investments have been collected in 2017. However, the exact start dates for these phases, as well as the company partnering with Melco for the project, are yet to be announced.
This development is a significant step forward for Russia's gambling industry, further cementing its position as a destination for entertainment and leisure. With the expertise of Melco on board, the casino complex is expected to attract a large number of tourists, boosting the local economy and creating job opportunities for the region.
As the project moves forward, more details are expected to be unveiled, providing a clearer picture of this exciting new venture. Stay tuned for updates on the construction progress and the official opening of the casino complex in the Primorye region of Russia.
