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Crimea to Get Gambling Zone by 2022

Published

5 years ago

October 29, 2019

Niji Narayan

Photo Source: themoscowtimes.com

Reading Time: < 1 minute

Sergei Aksyonov, Head of the Republic of Crimea, has revealed that a gaming zone will appear on the southern coast of Crimea by 2022.

“All decisions [regarding the zone] have been formalized, all agreements will be concluded this year. The place [for the zone] has already been determined at a public hearing – it is the village of Katsiveli. During November, all procedures must be completed, the facility has already been prepared. We must complete everything in two years,” Aksyonov said.

“One can fly to Belbek airport (a military airport in Sevastopol, where a civilian terminal is being created) and then drove to the southern coast of Crimea [the route between the two destinations is roughly 70 kilometres]. Investors will be able to create this gambling zone in line with world standards,” Aksenov added.

The law on the creation of the gambling zone in Crimea was signed after its annexation in 2014. According to expert estimates, it can bring to the regional coffers up to 25 billion rubles a year.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.