RGW
RussianGamingWeek
  • June
  • 6-7
  • 2019

Gambling Zone "Sochi"

Gambling Zone

Gambling Zone "Sochi"

On January 5, 2017, Sochi Casino & Resort was opened at Gorky Gorod resort, in the Krasnaya Polyana gambling zone.

Currently, the gambling zone in Sochi is the most elevated one in Russia as it is located at an altitude of 560-960 meters above the sea level. The total area of the Krasnaya Polyana is 16.54 hectares.

What does the complex include?

  • 70 gambling tables;
  • 569 slot machines;
  • 2 restaurants, a cabaret, and a bar;
  • a hall for business events;
  • several shops.

The complex can cater to 2 000 visitors at a time. The management of Sochi Casino & Resort expects 40 000 guests per month. The state will receive more than 500 million rubles every year from the casino operation.

The only operator of the gambling zone in Sochi is LLC Domain. The chief executive officer of the company is Mikhail Danilov. The company is owned by Silverron International, registered in Singapore.

The gambling zone in Sochi provided over 1000 workplaces. Top managers include foreign specialists that realized gambling industry projects internationally. For example, the Olympic media center was redesigned in Sochi Casino & Resort under the guidance of the USA-based Steelman Partners. Representatives of that company were in charge of the casino construction in Macao and Las Vegas.

Talking about the funds, invested in the project, the total amount of financial investments comprised 4 billion rubles. The owners expect to return the investments in three years, as they predict that the turnover will make up 4.6 billion rubles in 2017, and will be rapidly growing in the next years.

Independent experts believe that the casino can repay the expenditures, but it will take more than three years. It is explained by the fact that at least five years of image campaigns are required to attract foreign customers.

In general, the complex is positioned as a facility for well-off visitors: both Russian and foreign. Thus, the Krasnaya Polyana will soon become a yearlong resort, and the problem of downtime during the low season will be solved.

Sochi Casino and Resort now has a slot machine hall
Sochi Casino and Resort now has a slot machine hall

22-12-2017

The integrated entertainment resort Krasnaya Polyana now has a second gambling services establishment. The slot machine hall, called Bonus, will become an affordable alternative to the elite Sochi Casino. A gambling zone resident is convinced that such a quick and...

Sochi Casino and Resort received city award for hospitality
Sochi Casino and Resort received city award for hospitality

23-11-2017

Last week, the only gambling establishment of Krasnaya Polyana casino resort received a Golden Prometheus award from the city government and the discovery of the year title for its hospitality. At the ceremony, the mayor of Sochi called Sochi Casino...

XproGaming
XproGaming
The number of casino visitors has exceeded 374 000 in six months in Kuban
The number of casino visitors has exceeded 374 000 in six months in Kuban

18-07-2017

Over 374 200 visitors attended gambling and entertainment facilities in the Krasnodar Territory in the first half of 2017. Casinos of the Azov-City gambling zone were chosen by 216 573 players, and Sochi Casino & Resort in Krasnaya Polyana –...

Best poker players from all over the world come in Sochi
Best poker players from all over the world come in Sochi

04-05-2017

On May 20, the PokerStars Championship, an international poker tournament starts in Sochi. Organizers of the event expect a great flow of tourist and gambling fans from more than 30 countries. The best poker players will compete in the Sochi...

Opinion: investors should evaluate casino in Sochi and make better analogue in the Crimea
Opinion: investors should evaluate casino in Sochi and make better analogue in the Crimea

12-01-2017

Head of the Crimean parliament committee on sanatorium-resort complex and tourism Aleksey Chernyak believes that gambling will be an additional service for tourists, and many people will still come there for other reasons. According to Aleksey Chernyak, the newly opened...

Dmitry Medvedev: “Sochi became year-round world-class resort”
Dmitry Medvedev: “Sochi became year-round world-class resort”

11-01-2017

Dmitry Medvedev, Chairman of the Government of the Russian Federation, held a meeting dedicated to operation of Winter Games objects in Sochi. He said that established infrastructure provided the growth of the tourist flow, which amount reached 6.5 million previous...

GoldenRace
GoldenRace
Subscription

Subscribe to portal news

Feedback