Authorities in Kaliningrad have parcelled up land in the city’s gambling zone in a bid to attract more investment.<\/p>\n\n\n\n\n\n\n\n
Russia.- The City of Kaliningrad Government is offering up land in the Yantarnaya gambling zone in a bid to attract more investment into the region and its gambling industry. <\/p>\n\n\n\n
According to a state news agency, Regional Governor, Anton Alikhanov, said: “Now we are at the final stage of delimitation, we [will] parcel it [the land] out to lease it in parts. <\/p>\n\n\n\n
“The asset is very large so it might be difficult for a single investor to implement it alone. Therefore, we decided to play it safe, delimit into many parts to allow several legal entities to divide these plots. <\/p>\n\n\n\n
“I think that we will finish this process in the coming months, and by the summer it will come if not to signing [an agreement] then to serious negotiations.”<\/p>\n\n\n\n
Alikhanov noted that there is interest in the zone from investors representing gambling businesses. <\/p>\n\n\n\n
The decision to parcel up the land comes after the current contract with a major investor in the zone has ended. <\/p>\n\n\n\n
The first gambling property in the zone \u2013 Magic Crystal \u2013 opened in April 2016. A year later the Sobranie Casino started operating. <\/p>\n","protected":false},"excerpt":{"rendered":"
Authorities in Kaliningrad have parcelled up land in the city’s gambling zone in a bid to attract more investment.<\/p>\n","protected":false},"author":2,"featured_media":3459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Kaliningrad authorities are subdividing land within the Yantarnaya gambling zone to attract multiple investors, following the conclusion of a prior major investment contract. This strategic move aims to accelerate development and diversify investment in the region's gaming sector, with negotiations expected to commence by summer.","focusai_entities":"Anton Alikhanov, Magic Crystal, Sobranie Casino, City of Kaliningrad Government","focusai_location":"Kaliningrad, Russia","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Investment Incentives Offered?","query":"What specific incentives are being offered to attract new investors to the Yantarnaya zone beyond land leases, and how do these align with regional economic development goals?"},{"label":"GGR & Competition Impact?","query":"How will the new multi-investor strategy impact the overall Gross Gaming Revenue (GGR) projections and competitive landscape within the Kaliningrad gambling zone?"}],"footnotes":""},"categories":[160,157,28,16331,158],"tags":[29,2255],"class_list":["post-3457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-news","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\/3457","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=3457"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3457\/revisions"}],"predecessor-version":[{"id":3468,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3457\/revisions\/3468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3459"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}