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Crimean authorities raise $1,500 mln to build gambling zone in Crimea
Itar-Tass ^ | 04/23/2014 | Itar-Tass

Posted on 04/22/2014 5:30:58 PM PDT by goldstategop

© ITAR-TASS/Valery Matitzyn

MOSCOW, April 23. /ITAR-TASS/. Crimea’s authorities have already raised a sum of $1.5 billion on the construction of a gambling zone on the peninsula, Crimea’s First Deputy Prime Minister Rustam Temirgaliyev said in an interview with the Izvestia newspaper published on Wednesday.

Bearing in mind the fact that the world’s biggest gambling companies have already officially promised to invest in this project, budgetary financing will be minimal, he noted.

“It is planned to create at least 10,000 new jobs. The resort is expected to yield a large-scale multiplier effect - a high workload of the entire infrastructure: the sphere of services, automotive transport and everything linked with servicing tourists,” he said. “We plan to create a round-the-year resort. Demand for the gambling zone will be all-seasonal. We have received a large number of offers from the most recognized global brands to take part in this project. Until the State Duma [lower house of the Russian Parliament] passes a relevant law, we shall not announce the names of the companies seeking to participate in the projects.”

The construction of the gambling zone, which, according to preliminary estimates, will occupy a territory of about 100 hectares, will be financed from private sources only, he noted. It is planned to build this zone in Crimea’s southern coast. It will be a closed zone located far from populated localities. Another option, according to Temirgaliyev, is to build this zone somewhere between Alushta and Yalta, near Gurzuf, but without access to the sea. The final decision will be taken after the State Duma passes a law on the establishment of a gambling zone in Crimea. The relevant bill was submitted by Russian President Vladimir Putin on April 21, 2014.

Meanwhile, Samoil Binder, a deputy executive director of the Russian Association for the Development of the Gambling Industry, said that $1.5 billion would not be enough to build an efficient gambling zone that would be able to bring considerable revenue to the Crimean budget. The construction of a gambling cluster would require from $5 to $7 billion, he told. In his words, the Crimean gambling zone project should target foreigners as well, so it should provide for the construction of world-level infrastructure. “It is necessary to build several five-star hotels on the seashore, to build a recreational infrastructure, including concert halls, sports facilities, restaurants, bars. It will be necessary to organize sports events there, like world championships in Las Vegas,” he noted.

Currently, four Russian constituent regions - the Altai, Primorsky and Krasnodar Territories, and the Kaliningrad region - have official licenses on gambling zones, the newspaper reminded. However the only active gambling zone in Russia is Azov City. In 2013, it yielded 142 million roubles ($3.9 million) to the budget, including 121 million roubels ($3.3 million) from the gambling businesses.


TOPICS: Business/Economy; Culture/Society; News/Current Events; Russia
KEYWORDS: crimea; gamblingzone; itartass; russia; southafrica
$1.5 billion has just been raised as seed money to make Crimea the Las Vegas of the Black Sea. It has considerable economic potential. Russian President Vladimir Putin just submitted a draft federal law to the State Duma to allow the casino project to be green-lighted in the future.
1 posted on 04/22/2014 5:30:59 PM PDT by goldstategop
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To: goldstategop
all makes sense now doesn't it....they wanted the Crimea so no obstructions could slow or stop the building...I'm sure they're will be prostitues as well...

this is the world we live in....

Jesus will have HIS hands full...

2 posted on 04/22/2014 5:33:57 PM PDT by cherry
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To: cherry

Bear in mind after you comp the free drinks and take in the beautiful views - the house always wins.


3 posted on 04/22/2014 5:36:57 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop

The Russian Mafia will have a field day with this. Just make sure Pooty-poot and his buddies get a cut.


4 posted on 04/22/2014 5:38:24 PM PDT by colorado tanker
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To: colorado tanker

I have been in casinos in Las Vegas, Detroit and Montreal. I haven’t won in any of them. But the free drinks are always a solace.


5 posted on 04/22/2014 5:40:17 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: colorado tanker

So far the Christian savior Putin, has amassed 40 to 70 billion dollars while being such a saintly man.


6 posted on 04/22/2014 5:40:43 PM PDT by ansel12 ((Libertarianism offers the transitory concepts and dialogue to move from conservatism, to liberalism)
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To: goldstategop
Crimean authorities raise $1,500 mln to build gambling zone in Crimea

Donetsk is next.

Book early.

For a wonderful vacation.

Fun for the whole family.

Gateway to the Donbass.

7 posted on 04/22/2014 5:41:55 PM PDT by FreeReign
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To: goldstategop

Supposedly, Yelena Baturina, the world’s richest self-made woman, is all over this, and wants to be the first to open a western-style casino and hotel there.


8 posted on 04/22/2014 5:46:36 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: ansel12

That would make Putin the 3rd richest man on the planet, behind Bill Gates and Carlos Slim.

While he isn’t hurting for cash, by any means, I doubt it is anywhere near that.


9 posted on 04/22/2014 5:48:04 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: goldstategop

What happens in Sevastopol, stays in Sevastopol.


10 posted on 04/22/2014 5:52:06 PM PDT by Ronald_Magnus
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To: goldstategop

A bit more creative than firebombing people and buildings.


11 posted on 04/22/2014 6:01:33 PM PDT by Psalm 144 (FIGHT! FIGHT! SEVERE CONSERVATIVE AND THE WILD RIGHT!)
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To: tcrlaf

http://www.celebritynetworth.com/richest-politicians/presidents/vladimir-putin-net-worth/

http://www.zerohedge.com/news/2014-04-20/means-war-us-target-putins-personal-40-billion-stash

https://en.wikipedia.org/wiki/List_of_heads_of_state_and_government_by_net_worth

http://www.bornrich.com/vladmir-putin.html

http://www.policymic.com/articles/78957/7-of-the-world-s-wealthiest-politicians-and-the-crazy-things-they-spend-their-money-on


12 posted on 04/22/2014 6:02:48 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheelbarrow)
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To: Irenic

LOTS of questions about Putin’s money, and there have been for years. He was accused of profiting from St. Petersburg city ventures long ago, but it was never proven.

Gunvor denies that Putin has any current or past ownership stake. How much of his wealth is reality, and how much is myth?

If you want to know about Putin’s money, follow Timchenko.


13 posted on 04/22/2014 6:11:10 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: tcrlaf

I haven’t seen a figure below 40 billion dollars for him.

NET WORTH:$70 BILLION—VLADIMIR PUTIN’S ANNUAL SALARY$187 THOUSAND PER YEAR
http://www.celebritynetworth.com/richest-politicians/presidents/vladimir-putin-net-worth/

Net Worth: $75 Billion
http://www.therichest.com/celebnetworth/politician/president/vladimir-putin-net-worth/

1. Vladimir Putin – According to a report drawn up by former Russian Deputy Prime Minister Boris Nemtsov, Putin has access to 58 aircrafts, four yachts and nearly two-dozen homes. At the same time, some of Putin’s political allies have been showing up higher and higher on the Forbes list. So what’s Russia’s big man and oligarch maker worth? Political analyst and Putin critic Stanislav Belkovsky estimates $70 billion — if accurate, good for 2nd place in the world.
http://www.vocativ.com/money/the1/10-billionaires-you-wont-see-in-forbes/


14 posted on 04/22/2014 6:26:05 PM PDT by ansel12 ((Libertarianism offers the transitory concepts and dialogue to move from conservatism, to liberalism)
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To: goldstategop

Putin doesn’t need to have a lot of money because he controls the government, he can get what he wants when it wants it. I doubt he has a significant stash.


15 posted on 04/22/2014 8:51:26 PM PDT by sunrise_sunset
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To: goldstategop

Wow. Where does that now leave Sochi? I think they are now odd man out...


16 posted on 04/22/2014 9:19:31 PM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: tcrlaf

It’s easy to be a wealthy self-made woman when you husband is mayor of Moscow and directs all city construction projects to your company.


17 posted on 04/22/2014 9:32:15 PM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Cowboy Bob

“It’s easy to be a wealthy self-made woman when you husband is mayor of Moscow and directs all city construction projects to your company.”

Sure it is. But she seems to be the real deal.

Her, and her brother, started a company that imported “modern” computers and software from the west after the Soviet fall, and made a mint doing it.

She invested the money in prime ag land, lots of it, (at last mention some 60-65,000 acres) and bought/remodeled several of the old Soviet “Special Person” hotels to western standards.

Now she is breeding/raising a type of Russian equestrian horse that almost disappeared under the Soviets.

Interesting story.


18 posted on 04/22/2014 9:42:09 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: goldstategop

LOL. So Putin has rewarded his Russian Mob partners.


19 posted on 04/22/2014 9:47:49 PM PDT by Kozak ("It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissingerhaha)
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To: colorado tanker

Who do you think the Don is? You think Putin got rich on his Soviet salary?
But remember, he’s a WONDERFUL devout Christian now. ..


20 posted on 04/22/2014 9:49:32 PM PDT by Kozak ("It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissingerhaha)
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Comment #21 Removed by Moderator

To: Ruprecht Jamieson

There are numerous sources that state he is worth anywhere from 30 to 70 billion dollars. Many of the articles list how they come to those figures and conclusions.

I am not into the defense of Putin so the burden to prove otherwise doesn’t sit with me. If you want to prove he’s not worth 30 to 70 billion, search it out and prove all of the sites wrong.

There are admiral traits to Putin but he is nothing I want to defend or like. The same goes with Obama but probably even more so because we are forced to live with Obama’s decisions— at this time.


22 posted on 04/23/2014 7:17:57 AM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheelbarrow)
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Comment #23 Removed by Moderator

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