“We have entered the final stage of constructing two new entertainment complexes with casinos in the gambling zone,” Shestakov stated.
“An investor from Cambodia is completing an 11-story hotel with a casino and a concert hall, while a Russian investor, Shambhala CJSC, will launch its casino tentatively in March 2020. Workers are already finishing the building.”
While NagaCorp had expected to open the first phase of Naga Vladivostok in the first half of 2020, the company recently reported that the project will face additional delays due to a change of construction contractor.
Tigre de Cristal, the only casino resort currently operating in the zone, opened its doors in October 2015. Back in May, Eric Landheer, the executive director of Tigre de Cristal promoter Summit Ascent Holdings, said the property would be adding adding new gaming space as well as other amenities as part of a planned expansion.
With an estimated cost of around $200m Phase 2A of Tigre de Cristal will include 350 hotel rooms, an indoor beach club, restaurants, shops and a multi-purpose venue for conventions and exhibitions.
The expansion will also see the addition of a new gaming area, featuring 50 additional VIP gaming tables, 25 mass-market tables and 300 slot machines. Representing an investment in the range of $200m-$300m, Phase 2B “will be an all-suite hotel, with 150 rooms, catering to the high-end premium and VIP customers,” Landheer explained.
Source: GMB / Casino Review
