11 casinos<\/strong> by 2023, according to an announcement made last December by the region’s Vice Governor, Konstantin Shestakov, during a visit to the future gaming zone.<\/p>\n\n\n\n“We have entered the final stage of constructing two new entertainment complexes with casinos in the gambling zone. An investor from Cambodia is completing an 11-story hotel with a casino and a concert hall,” he said.<\/p>\n\n\n\n
The project is supervised by Primorsky Krai Development Corporation JSC which is responsible for overseeing the gaming zone.<\/p>\n\n\n\n
The project involves two phases: the first is the construction of a gambling and entertainment complex with an area of \u200b\u200bmore than 28,000 square meters.<\/p>\n\n\n\n
The second phase is expected to begin in 2021 and the property will be two times bigger than the first complex. <\/p>\n\n\n\n
“We plan that the second phase of the Tigre de Cristal project will be agreed upon this summer, and construction will begin already in 2021. <\/p>\n\n\n\n
“The project involves doubling the existing number of rooms and gaming equipment compared to the existing complex. The new complex will also include four restaurants and bars, a built-in covered beach, duty-free retail areas, and various services for business tourism,\u201d Sun-zhayu said.
<\/p>\n","protected":false},"excerpt":{"rendered":"
The official opening of the gambling and entertainment complex will take place in the spring of 2020.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Primorye Gambling Zone in Russia is advancing its development, with Shambhala CJSC's second casino property set to open in March 2020. This is part of a strategic plan to establish at least 11 casinos by 2023, including an 11-story hotel-casino by a Cambodian investor and a significant expansion of the Tigre de Cristal project commencing in 2021.","focusai_entities":"Shambhala CJSC, Primorye Territory Development Corporation, TASS, Konstantin Shestakov, Olga Sun-zhayu, Primorsky Krai Development Corporation JSC, Tigre de Cristal","focusai_location":"Russia, Cambodia","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR & NGR Outlook","query":"What are the updated GGR and NGR projections for the Primorye Gambling Zone, considering the phased opening of new properties and the expansion of Tigre de Cristal through 2023?"},{"label":"Regulatory Adaptation","query":"How will the existing regulatory compliance and governance frameworks in the Primorye Gambling Zone adapt to manage the increased operational complexity and potential market saturation from 11 casinos by 2023?"}],"footnotes":""},"categories":[160,28,16331,158],"tags":[29,2255],"class_list":["post-2936","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-elsewhere-news","category-slider-home","tag-casino","tag-russia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2936"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2936\/revisions"}],"predecessor-version":[{"id":20907,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2936\/revisions\/20907"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}