Royal Time Primorye loses casino license in Russia
"If investors are not able to keep to the agreed plan, we will find others,” an official in the Primorsky Krai administration said. “There are several others who have already declared interest,” Asia Times reported.
The project included a casino, hotels, an aqua park, a mall and a concert arena.
“The land plot allotted to Royal Time Primorye will be auctioned off,” Sofia Korotina, the spokeswoman for the state corporation, told Asia Times. “The corporation is trying to attract new investors to the project. At a recent expo in Macau, we reached certain agreements.”
Space for the casino project had 619 hectares, and apart from gaming facility will house 21 hotels, 12 guest villas, a yacht club, a skiing piste, and other facilities targeting all year round tourism.
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