Russia is a country where gambling and online poker is in jeopardy, but there are some interesting proposals for the latest Russian acquisition, Crimea.
This is far from a politics blog so I will skimp on the political acquisition of Crimea by Russian President Vladimir Putin, and however questionable it may have been, it is now an interesting new area.
When Putin puts his mind to something, he usually gets what he wants, and recently he has drawn up a draft law to allow a new casino to be built and operated in Crimea
Now that the study about a new gambling zone in Crimea has shown encouraging potential, Russian President Vladimir Putin has decided to present a draft law that will allow Crimea’s authorities to choose a location for a new casino.
For the economically torn nation, this could help a tremendous amount. There are international investors lining up to be involved in this project that is set to make over 10,000 jobs, a substantial boost for the weak regional economy. The starting date of the casino has not been names however, and could take a while before it is open to the public.
An interesting part of the design plan is that it is intended to be a major tourist attraction, and more than just a casino. The plan is for it to be a year-round resort, which is why major companies are interested in getting in on the ground floor. This casino plan extends far past just poker and casino games, and is intended to be the start of a revolution in the area.
Most casinos traditionally have some funding from a country’s government, but because of the substantial interest from outside investors, it’s likely that no government intervention will be needed. In fact over $1.5 billion has already been secured for the project.
Here’s where it gets exciting for poker players, the head of the Russian Association for the Development of the Gambling Industry, Samoil Binder, has recently said, “We will have to organize sports events like the world [poker] championship in Las Vegas.” More major tournaments to watch and play in can only be good for the global poker scene.
Russia has very few existing designated gambling zones, which would make a newly renovated Crimea a major attraction. The growth and development of the region will be exciting to watch in the years to come.