Home
語言/Language
Click to open
Seconds To Enter GTI Global Network.
Sign up
Log in
大勝科技 DST
豐邑富 Feng Yi Fu
GTI Taipei Expo 2020
富達育樂 Fuda
C-GTI-China-2020
SAGSE 2020
www.esportsmag.it
E-GTI China 2019
ENADA2020
Seoul VR AR Expo 2020
RAAPA 2020
Subscribe to E-Paper
GO
Find Us On
GTI Global Network > News > International
News
Russia's Yantarnaya gaming zone postponed (2015/10/18)

The launch of the Yantarnaya (Amberland) gaming zone in Russia's westernmost Kaliningrad region has been postponed until the summer of 2016.

Citing a representative of Royal Time Management, a subsidiary of the project’s investment company, Royal Time Group, the Vedomosti newspaper reported that the delay is due to the increased difference in the exchange rate between the rouble and foreign currencies.

This has in turn pushed up the cost of the project as the main decoration materials and equipment are supplied from abroad, said Olga Khalitova.

Royal Time Group has announced plans to open the first stage of the project by the end of 2015 and estimated its investment in the Kaliningrad gaming zone at no less than 45 billion roubles ($730 million).

The company intended to use these funds to build at least 267,000 square meters of various facilities by 2029, including casinos, restaurants, bars, a hotel, and a medical complex. The first stage of the project was supposed to include some 18 000 square meters of facilities.

According to Khalitova, the company is currently completing installation of the roof on the main building, finishing an underground parking and laying communications.

According to the Russian Central Bank data, since the beginning of 2015 the rouble depreciated against the dollar by 10.4 percent but, in fact, since last year the Russian currency has dropped almost two-fold in comparison to the dollar. Royal Time Group is also one of the investors in the Azov-City and Primorye gaming zones.

 
About Us | Advertising | Services | Site Map
Tel +886-2-2760-7407 ~ 10
Fax +886-2-2742-0522
E-mail Send
Address 2F-1, No. 17, PaoChing St., SongShan Dist., Taipei City 10585, Taiwan
 
Copyright © 2009~2011 GTI Global Network. All right reserved. Power by rIDEA Reproduction of any part of the website should get prior consent in case of legal consequences.