Maxim Smolentsev

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    Shambala lays out plans for Primoyre IR

    Shambala CEO Maxim Smolentsev on Tuesday presented plans for a gambling facility in Primorye during a meeting headed by regional Vice Governor Yevgeny Polyansky, according to state news agency RIA Novosti. The project was reportedly approved by Polyansky and other officials. According to the investor, the project was developed by international architectural firm AEDAS, which […]

    Shabala eyes Crimean gambling zone, on one condition

    An investor in the Azov-City gaming zone has announced its intention to invest in the Crimean gambling zone on one condition – for the authorities to provide guarantees it won’t be unexpectedly closed like his previous business. Earlier this week, Maxim Smolentsev, the owner of the Shambala company, which runs two casinos in the zone, […]

    Government to reduce Azov-City territory, not liquidate

    The Russian government has reduced the territory of gambling zone Azov-City, which investors view as a sign it won’t be closed as planned. The order to redefine the zone’s borders was issued on March 5, and noticed by Maxim Smolentsev, head of CJSC Shambala, which operates the Shambala casino in Azov-City. According to Smolentsev, the […]