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Russia Approve Construction of New Casino
Russian authorities have okayed a new casino project that will see the development of a hotel with a casino and entertainment center in the Siberian Coin gambling zone.
Investors Alexey Sakvarelidze and Anton Bykov are promoting the project, which is valued at 3.5 billion rubles. The construction is expected to start in 2020 and complete in 2024. At the first stage, they promise to build a hall for 300 slot machines and ten gaming tables for card games. This will create at least 100 new jobs.
During the second stage, in 2021 – 2023, it is planned to add a hotel under the franchise of one of the famous international brands. Its area will be about 10 thousand square meters. The investor is planning to build a hotel in 2021 and will open it in two years. At the final stage, they will open a large casino of 5000 square meters and a recreation area.
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