Royal Time Group | World Casino News

Russia’s oldest gambling zone to be shuttered from December 31

October 31, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Licenses, Russia

In Russia, Prime Minister Dmitry Medvedev (pictured) has reportedly signed an official order that will see the casino gambling zone near the southern city of Azov closed from the last day of December. A deca...

Primorsky Krai auction attracting domestic and international interest

Adam Morgan

August 29, 2017

Latest Casino and Gambling News, Casino proposals, Casino project updates, Russia

In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that it has received inquiries from both domestic and international casino firms regarding the three plots of Far East l...

Russia hoping to speed up development of Primorsky Krai casino zone

Adam Morgan

August 17, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Russia

In Russia, the government has reportedly reacted to criticism over the lack of investment in the Primorsky Krai gambling zone by announcing that it intends to pass federal legislation to streamline the process ...

Federal authorities take control of Primorye Entertainment Zone

K Morrison

July 5, 2017

Latest Casino and Gambling News, Casino project updates, Fines, Lawsuits & Litigation, Russia

Concerns regarding the slow development of the region have reportedly led to the federal government usurping control of the Primorye Entertainment Zone near Vladivostok, Russia, from the local government. As...

Russian court upholds decision against Royal Time Group

Adam Morgan

June 7, 2017

Latest Casino and Gambling News, Casino project updates, Fines, Lawsuits & Litigation, Russia

In Russia, a Primorsky Krai court has reportedly upheld a decision from the local government to terminate a contract that had given Kazan-based developer, Royal Time Group, permission to construct a $215 millio...

Siberian casino developer sanctioned for delays

Lars Jones

April 18, 2017

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, Russia, Russia

Although Hein Yongli LLC won an auction for the fifth integrated casino resort to be built in the Primorye Entertainment Zone near Vladivostock, Russia, the company has failed to meet construction expectations ...

Olympic Village part of Sochi gambling zone, Crimea construction to begin 2017

Lars Jones

August 26, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Russia, Russia

Krasnaya Polyana (Красная Поляна) will be the name of the newly minted Russian gambling zone to replace doomed Azov City, according to media reports coming out of the former Soviet state. The "Gorky Gorod" ski ...

Royal Time Group loses court claim for compensation in the liquidation of Azov City

Lars Jones

August 11, 2016

Latest Casino and Gambling News, Casino News, Fines, Lawsuits & Litigation, Russia, Russia

Casino investor, Royal Time Group recently lost a court case seeking compensation for investments in the Azov City gaming area of Russia's Krasnodar region. The area was designated as a Gambling Zone in 2009. R...

Ownership at Altai Palace Casino changes hands

Adam Morgan

July 26, 2016

Latest Casino and Gambling News, Casino News, Russia

The ownership behind Altai Palace Casino in central Russia has changed hands with former majority shareholder Vladimir Zhuravkov selling his 70% stake to local oil and gas entrepreneur Vladimir Kutyev. Accor...

Russian Far East gambling zone running behind schedule

Adam Morgan

June 16, 2016

Latest Casino and Gambling News, Casino project updates, Russia

Efforts to turn the Primorsky Krai region in the far east of Russia into a gambling zone have hit a snag with three of the province’s four planned casinos currently behind schedule to open. According to a re...