Royal Time changes its management. Discontent of Primorye authorities. Kaliningrad oblast attracts tourists. Gambling industry news overview

Something new is happening in the gambling world every day. The construction pace of the resort in Primorye is upsetting for local deputies, and Royal Time LLC changed its CEO again.

The main events of the industry in the following news overview.

• Non-compliance with the timescales of the construction of the Primorye gambling zone causes concerns for the authorities

Evgeny Polyansky, vice-governor of the Primorsky Krai, said that representatives of the Primorye entertainment complex would be fined if timescales specified in the investment agreement would be delayed.

"Today we see that the pace of construction is unsatisfactory. If foreign partners do not fulfill their obligations on time, we will terminate the agreement with the obligation to pay a fine," he said.

Polyansky also stressed that the Primorye project was of a great importance for the socio-economic life of the region, so the local authorities would do everything to ensure the project to be delivered on time.

• Interim Minister of Culture: to attract tourists to the Yantarnaya gambling zone, an appropriate infrastructure is required

Andrei Ermak, Interim Minister of Culture and Tourism of the Kaliningrad Oblast, said that in order to ensure a high tourist flow, apart from the gambling services of the Yantarnaya zone, it is necessary to organize proper infrastructure. For example, hotels with spa.

"Yantarnaya project secures a high flow of tourists. Now we need to provide it with additional infrastructure, for example hotels with spa, explained Ermak. After all, Kaliningrad and Yantarny are also associated with health resort treatment."

• LLC Royal Time changed its CEO twice in 2017

According to the Federal Tax Service and data resource Spark, LLC Royal Time changed its CEO twice since 01.01.2017.

The first change is dated February 8: at that time, Royal Time was run by Konstantin Emelyanov replaced by Bulat Bakhtiosin afterwards.

On March 7, the company has got a new executive: Vyacheslav Makarushkin took a position of a Director General.

It is to be recalled that LLC Royal Time was registered in Kazan on September 8, 2014. The main indicated activity is the organization of gambling and betting.

It is a subsidiary of the Royal Time Group, which oversees projects in Azov-City, Siberian Coin and Primorye gambling zones.