Casino Shambhala

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    Shambala casino begins soft opening

    Shambala casino begins soft opening

    The second casino in Russia’s Primorye gambling zone, the Shambala casino, is preparing for a grand opening and is already operating in a soft-launch mode. Last week, the CEO of the Shambala casino, Maxim Smolentsev, conducted a tour of the halls of the new casino for regional journalists. “There is still a lot to do. […]

    Shambhala casino to open in May

    The Primorye Territory Development Corporation has confirmed that the second gambling facility in the gambling zone will be opened by May, with the investor currently completing construction work.  The RUB8 billion (US$110 million) Shambhala facility is by far the fastest developing project in the zone’s territory, according to Primorye Territory Development Corporation, Olga Sun-zhayu.  “At […]

    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 […]

    Gaming zones struggle with bureaucracy, lack of infrastructure

    The tenth Russian Gaming Week conference was held in Moscow earlier this month, but a promised focus on the country’s land-based industry failed to materialize. Organizers had scheduled discussions on the often confusing and ever-shifting situation in Russia’s gambling zones on the second day of the conference, but the program was replaced by a set of marketing presentations, with no explanation given. Despite the high-profile launch of Summit Ascent’s Tigre de Cristal in Primorye last year, experts say the reality is that the zones in Russia are struggling. Samoil Binder, Deputy Head of the Russian Association of Gambling Business, said the situation is “deplorable.”