19 Nov 2019 18:17

Crimean authorities receive 3 applications for building casinos in Yalta area

SIMFEROPOL. Nov 19 (Interfax) - Three companies have applied for building gambling facilities in southern Crimea; their applications are being processed, Crimean Prime Minister Yury Gotsanyuk told the press in Simferopol on Tuesday.

"Applications are being executed. The gambling zone is entered via investment agreements. There are a sufficient number of those wishing to create the gambling zone in the Yalta urban district. We already have three applicants," Gotsanyuk said.

Russian President Vladimir Putin signed a law on establishing gambling zones in Crimea and Sochi in July 2014. Deadlines for building gambling facilities on the peninsula have been moved several times. The Crimean authorities chose the plot for the gambling zone in 2018.

An area in the vicinity of Yalta's Katsiveli neighborhood had been assigned for the gambling zone. It is located outside the city limits, as prescribed by federal laws

Russian Prime Minister Dmitry Medvedev ordered in October 2019 that the Golden Coast gambling zone be established in Yalta. According to the documents, it will have an area of over 146,800 square meters.