A Chinese investment firm has agreed to spend $194 million on a new casino project in Russia’s Primorye Gambling Zone. The announcement came through the Eastern Economic Forum, where both Russian and Chinese officials confirmed the agreement.
The company behind the deal, Jiangsu Xiuyuntong Investment from Eastern China, will lead the project. Reports say the project will include a hotel, casino, and entertainment facilities, covering 37,000 square meters. The hotel is expected to host at least 150 guest rooms, but no opening date has been given yet.
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he maximum winnings that will be paid out resulting from a bonus or free spins that you’ve gotten from us for free, without any deposit being required (e.g., the free spins upon registration, Weekly Free Spins Drops, Second Chance Spins, Friday Loyalty Bonus (exception VIP players who have specifically been set on a VIP Cashback Deal as part of their Friday Loyalty Bonus)) will be 100 EUR/USD/USDT, 150 CAD/AUD/NZD, 1,000 NOK, 0.181 BCH, 0.888 LTC, 0.022 ETH, 455 DOGE, 10,000 JPY 6,000 RUB or 0.00090 BTC.
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Join Now Support from Local Authorities
Russian officials have shown strong support for the project. Liu Zhenhao, the Director-General of the investment firm, said the outcome will be positive with help from the local government. Vera Shcherbina, First Vice-Governor of Primorsky Krai, promised regional assistance.
Igor Trofimov, head of the Primorye Development Corporation, confirmed that the casino will have table games and slot machines. He added that the investor would submit a detailed business plan before the end of this year.
Rising Casino Tourism in Russia
The Primorye Gambling Zone continues to grow in popularity. Casinos such as Tigre de Cristal and Shambala already attract thousands of visitors. The zone reported 763,180 visitors in 2024, showing strong growth in gambling tourism.
Other Russian gaming zones are also expanding. The Altai Palace Casino reported a 17.3% increase in revenues in 2024, highlighting the rise of casino entertainment in the country. Learn more about gaming sector updates at Casino Kousu.
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