The local government in Crimea is reportedly in talks with an unidentified developer that wants to invest up to $150m in a project for Russia’s newest gambling zone.
This follows last week’s revelation that SJM Holdings and Summit Ascent Holdings were not interested in opening a casino in the zone. This means that four entities are now interested in developing a casino in the former Ukrainian territory. Three are registered in Moscow while the fourth has “Spanish roots.”
“There is a major investor who is willing to invest in a project from $120m to $150m,” said an unidentified source close to the negotiation process cited by Betting Business Russia.
