Gambling in Crimea’s Black Sea

    Published in: Latest IntelligencePresident Vladimir Putin has announced ambitious plans to legalize gambling in Crimea, creating the country’s fifth gaming zone, in an attempt to boost the economy in the newly annexed region. New Crimean authorities will decide the location and extent of the planned casino zone which, according to preliminary estimates, will occupy a territory of about 100 hectares. Acting Crimean Governor Sergey Aksenov told Russian news agency Itar-Tass that casinos would not be scattered across the peninsula, but are likely to be concentrated all in one place. On 23 April, Crimean Deputy Prime Minister Rustam Temirgaliyev said in an interview with the Russian pro-government newspaper Izvestiya that the Crimean authorities had already attracted nearly $1.5 billion in private investment. Russia’s Regional Development Ministry estimated that creating an entertainment-tourism cluster in Crimea would bring in an additional 600,000 tourists a year to the peninsula and add $28 million to the state’s coffers....

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