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Russia wants to challenge Macau

Russia hopes to compete with Macao with an ambitious project in Primorye area outside Vladivostok on the country’s Pacific coast targeting Beijing and China’s three northeastern provinces, along with South Korea, and Japan. To attract investors, Tax rates will be low, about $4,200 a month per gaming table and $250 per machine. By 2020, fifteen casino hotels will be built there. The first will open this year.

Melco Crown

According to many Russian media outlets (Voice of Russia, The Siberian Times, The Moscow Times), The region’s first resort, controlled by Melco Crown Entertainment co-chairman and chief executive office Lawrence Ho, is due to open later this year. The project’s first phase is expected to cost $130m and feature a 120-room hotel offering 65 gaming tables 25 of them for VIP and 800 slot machines when it opens. A second phase would add 100 more VIP tables and up to 600 slot machines. A casino and a luxury hotel are also to be built at Ussuri Bay in the Sea of Japan, about fifty kilometers from Vladivostok.

NagaCorp

Hong Kong listed NagaCorp, which owns the largest casino in Cambodia, says it will invest $350 million in a hotel casino complex with at least 100 tables and 500 machines, plus convention and entertainment facilities. The company says it doesn’t expect it to operate before 2018, after the opening in Phnom Pen of a major extension to NagaWorld

vladivostokrussia02

NagaCorp’s  $350 million casino resort on Russia’s Pacific coast. (Credit: NagaCorp)

 

Louis Hartwell

Louis Hartwell

Graduated in Media Communication at the University of Lausanne, Louis Hartman is a co-founder of somuchpoker.com. He began his career in Cambodia as freelance journalist. In same time he was making his living by playing poker every night at that time. Intense learner, he read dozens of poker strategy books to improve his skills during many years. With a strong interest about poker "behind the scene" in Asia and his communication skills, Louis launched Somuchpoker in 2014.

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Somuchpoker.com is a news site dedicated primarily on the poker community living in the Asia Pacific region. Founded by poker players based in South East Asia in 2014, Somuchpoker’s main goal is to provide the latest poker news and information from around the world, with greater focus on the happenings in the Asian Market. It covers news from Down-Under to the tropical paradise of South East Asia, to the Land of the Rising Sun and even gets the hottest news from the most secret corners of Mainland China. Somuchpoker is currently the 1st Source of poker information in Asia. Check more

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