A tale of two gambling zones: How Crimea stacks up to Sochi

    Published in: Latest IntelligencePresident Vladimir Putin signed a law creating two new gambling zones in the Olympic City of Sochi and the newly annexed Crimea last month with the hope of boosting tourism revenue. But experts hold mixed views on the ultimate chance of success in either location.At a specially organized conference in Yalta on August 22, Russian gaming experts convened to discuss the potential of Crimea. The consensus was that in the longer-term Crimea may be the more successful of the two new zones, though both face significant challenges. Russia banned gambling in 2009 except for in designated areas across the country: in Kaliningrad near the Baltic Sea, in the Primorye and Altai Regions and Krasnodar territory. Out of four of them, only the Azov-City gambling complex on the border of the Krasnodar and Rostov regions has been completed.In Sochi, casinos will be located near the Olympic Village. However,...

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