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Launch of Shambhala Casino Expected to Create 500 Job Vacancies

Published

5 years ago

August 19, 2020

Niji Narayan

Launch of Shambhala Casino Expected to Create 500 Job Vacancies

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According to the Far East Agency for Attracting Investments and Export Support (ANO API), the launch of Shambhala casino in the Primorye Gambling Zone near Vladivostok is expected to create 500 new job vacancies before the end of 2020.

Confirming plans to open Shambhala in the coming months, the agency said around 200 people will be recruited to work at the entertainment complex in the next month with 500 jobs to be created in total. It is estimated that 150 people will arrive to work in Vladivostok from other regions in Russia.

The First Vice Governor of Primorsky Territory, Vera Shcherbina, said last week she expects tax revenues to double this year to around RUB200 million (US$2.72 million) as a result of Shambhala’s launch, rising to RUB2.5 billion (US$34 million) by 2025.

Shambhala is planned to open in two phases, with the casino to form the central focus of Phase 1. The second phase, covering an area of around 42,000 square meters, will include an “entertainment sector and hotel complex” and take around three years to complete.

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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.