The Primorye Gambling Area in Russia reported that tourism is experiencing a slight recovery although foreign tourism is yet to fully pick up. Despite that, the visitation figures far outclassed those recorded in 2022, attesting to the region’s post-COVID recovery.

The Gambling Area is located in Russia’s Primorsky Krai, a coastal territory in the Far Eastern Federal District. During the first nine months of the year, the region’s Primorye Gambling Area welcomed some 3.1 million visitors, which represents a 16% year-on-year increase.

The zone’s tourism agency added that an overwhelming majority of these people (2 million) have arrived in the third quarter.

The zone is still to reach the level of international appeal the Primorsky Krai hopes it to as only 56,000 of the tourists were foreigners. While this figure may seem underwhelming at first glance, it should be noted that this number is still 10 times higher than the one recorded during the prior year period.

While foreign visitation is on the rise, experts believe that it will continue to be impeded by the ongoing war in Ukraine and the multiple sanctions and restrictions imposed on Russia.

Primorye Gambling Area on Track to Hitting 2023 Visitation Targets

In any case, the visitation figures are slowly returning to their pre-pandemic state. For reference, the Primorye Gambling Area welcomed 5 million people in 2019 and 4.5 million in 2018.

The visitation figures reported by the tourism agency show that the region is on track to reach its 2023 target of 3.5 million visitors. This would be 500,000 people more than those recorded in 2022.

In the meantime, Russia continues to develop the Primorye Gambling Area, hoping to further bolster its appeal. The zone seeks to capitalize on the thirst for gambling in the region by providing premium casino Gambling.

As of the time of this writing, the location sports two casinos, notably Tigre de Cristal and Shambala. The Primorye Gambling Area is set to have more casinos but the war in Ukraine caused setbacks that led to the suspension of NagaCorp’s casino project in the region. In the meantime, Asia-Invest Group is currently working on another casino property.

The final version of the Gambling Area should have around a dozen casino hotels, shopping centers, exhibition galleries and Gambling centers.

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The Primorsky Krai Development Corporation or KRPK, the Russian company tasked with the development of the Primorye gambling zone, has confirmed that work can start in September.

The construction will also be overseen by Asia-Invest Group LLC which has already committed $34 million but could not execute plans any earlier due to the COVID-19 pandemic, Asgam, a media focusing on the Asian gambling industry reported.

Project Finally Cleared and Taking Shape after COVID-19 Delays

A building permit has finally been obtained, allowing the project to move forward with the first stage of the project to be completed on August 20, 2025. Asia-Invest Group director Alexander Kim:

Currently, we are negotiating with contractors for earthworks, laying engineering networks on the site and developing interior design, and the project estimate documentation is also being prepared.

Asia-Invest Group director Alexander Kim

The project will begin with a main structure which will be completed by March 2, 2024, and the casino should be live along with that. The casino itself has not yet been approved, but the group confirmed that it’s expecting the documentation to be finalized.

This way, the casino should be getting at least 200 slot machines and 30 gaming tables, to begin with. No further plans for the expansion of the property have been revealed as of right now.

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