Companies wishing to invest in the Crimea gambling zone will be offered several schemes to overcome sanctions. This was stated by Sergey Aksenov, the head of the Crimea in an interview with TASS.

“There are a number of schemes to overcome sanctions. I will not uncover the secrets. But if the scheme didn’t work, there would be no current investors,” said the official.

In the beginning of the month Aksenov said that a large Russian company intends to invest about 8 billion rubles ($140 million) in the creation of a gambling zone in Crimea. The company’s name was not reported because of possible complications related to the sanctions regime.

The investor will start to implement the project on construction of the Crimea gambling zone this year. Draft project documents are ready. The territory of the sanatorium “Pearl” (Zhemchuzhyna) in Big Yalta was chosen as the construction site.

The proposal to open a gambling zone in the Crimea came to the Parliament of the Russian Federation in March 2014, in the framework of creating a special economic zone. Currently in Russia there are four gambling zones: “Azov-city”, “Primorye”, “Siberian coin”, “Yantarnaya”, and “Krasnaya Polyana” in Sochi.


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