In Russia the gambling industry has started to get more competence around, the best example of how the world operators are getting interesting in this huge land is the city of Vladivostok.
In this city there is a casino-friendly area and is home of the $144 million Tigre De Cristal venue, the Primorye Integrated Entertainment Resort zone is later set to welcome the Naga Vladivostok development from Cambodian firm NagaCorp Limited in advance of local entity Diamond Fortune Holdings opening the initial phase of its planned $900 million Selena World Resort and Casino.
Resulting this on only 118 acres of casino-friendly Primorye Integrated Entertainment Resort land that remains available for development, and a South Korean firm has reportedly held negotiations with the state-owned Primorsky Krai Development Corporation about the possibility of bringing a $263.6 million development.
The firm name is K International Incorporated and they want a facility with a hotel and entertainment complex featuring a shopping center, a casino and a duty-free area to a 49-acre portion of the Far East district. (READ SO: SOUTH KOREAN CASINOS: DISPUTE WITH CHINA IT MAKE FALL´S VISITORS)
“We have been engaged in negotiations since the beginning of this year. The company accepts the terms of cooperation and is ready to sign the contract. For the implementation of the project, it considers a 20-hectare site with a fairly flat landscape.” Said Igor Trofimov, interim General Director for the Primorsky Krai Development Corporation
