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Crimea Seeks to Become Next Las Vegas

Published: April 22, 2014 (Issue # 1806)



  • The gambling zone, like the special economic zone, is intended to lift Crimea “at least to the average Russian level, socially and fiscally.”
    Photo: Ralf Roletschek / Wikicommons

Crimea's plans to become the world's next Las Vegas have received the blessing of President Vladimir Putin, who presented a bill to the State Duma that could transform the formerly Ukrainian peninsula into Russia's fifth official gambling zone.

Crimean authorities proposed the idea originally and are convinced of its commercial prospects. A Crimean gambling center "stands a good chance of becoming a competitor to such sophisticated territories as Macau, Monaco and Las Vegas," Crimean Deputy Prime Minister Rustam Temirgaliev said Monday, PRIME reported.

Separate plans to create a special economic zone on the peninsula will help raise Crimea to the level of these ritzy competitors, Temirgaliev said. Prime Minister Dmitry Medvedev announced earlier this month that Russia will establish a special economic zone on the annexed peninsula, offering special tax breaks and trimming red tape in an effort to attract investors.

There are two possible models for the gambling zone, Temirgaliev said: either they will create a special gambling city in the popular resort area of Yuzhny Bereg, or they will allow "specially prepared tourist complexes" across Russia to run their own casinos.

According to Putin's bill, it is up to the Crimean authorities to determine the borders of the zone. They will also choose which of the above models to implement, said Viktor Zvagelsky, deputy head of the State Duma's Economic Policy Committee.

The gambling zone, like the special economic zone, is intended to lift Crimea "at least to the average Russian level, socially and fiscally," without requiring additional state funds, Zvagelsky said.

A gambling zone could make a major difference to the region's budget, especially given the pivotal role that tourism plays in the Crimean economy, he added. Azov-City, the single functioning gambling zone in Russia, brought in 140 million rubles in taxes last year ($3.9 million), of which 120 million came from the zone's three casinos. "So you can understand how profitable this is for a region's budget," Zvagelsky said.

In a statement last week, the Regional Development Ministry estimated that creating an integrated entertainment-tourism cluster in Crimea would bring an additional 600,000 tourists a year to Crimea and Sevastopol and add about 1 billion rubles ($28 million) to state coffers. Prior to the Russian annexation, the peninsula hosted about 3 million vacationers yearly.

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ALL ABOUT TOWN

Friday, Sept. 19


SPIBA’s newest addition to their Cultural Discoveries events is “Handmade in Germany,” an exhibition featuring unique handmade objects of a significantly higher quality than mass-produced items. The work of over 100 German manufacturers will be displayed during the event, which opens today in the Lutheran Church of Saint Peter and Paul on Nevsky Prospekt and runs through Sept. 28.



Saturday, Sept. 20


Starting on Sept. 18 and ending tomorrow is the Extreme Fantasy Wakeboarding Festival in Sunpark by Sredny Suzdalskoye lake in the Ozerki region of the city.


Those after something more laid back can instead head to Jazz and Wine night at TerraVino with legendary jazz guitarist Ildar Kazahanov. 12/14 Admiralteyskaya Emb.



Sunday, Sept. 21


Learn more about African culture and get some exercise during today’s “Djembe and Vuvuzela,” a bike ride starting in Palace Square that includes several stops where riders can listen to the music of Africa or watch short films about the continent. The riders plan to set off at 4 p.m. and all you need to join is a set of wheels.



Monday, Sept. 22


Do you love puppetry? If so, then be sure to go to BTK-Fest, a five-day festival that starts on Sept. 19 celebrating the art. Contemporaries from France, Belgium, the U.K. and other countries will join Russian artists to put on theatrical performances involving a variety of themes, materials and eras. Workshops and meetings are also scheduled for a chance to discuss the artistic medium in further depth.



Tuesday, Sept. 23


Marina Suhih, Director of the External Communications Department at Rostelecom North-West, and Yana Donskaya, HR Director for Northern Capital Gateway are just some of the confirmed participants of today’s round table discussion on “Interaction with Trade Unions” being hosted by SPIBA. Confirm your attendance with SPIBA by Sept. 22.


Kino Expo 2014, an international film industry convention, will be at LenExpo from today until Sept. 26. The third largest exhibition of film equipment in the world, the expo focuses on not only Russia but former Soviet republics as well.



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