Russian court refused the lawsuit of the Shambhala company (former operator in Azov City), which demanded that the local authorities pay 1.5 billion rubles. The court pointed out that the investor has no legal basis for transferring casino buildings to the region, and the losses of Shambhala are due to entrepreneurial risks. The management of […]
Russian gambling zones Azov-City and Krasnaya Polyana were visited by 86,952 people in November 2018. This was reported by the press service of the Department of Property Relations of the Krasnodar Krai. Krasnaya Polyana gambling zone welcomed 49,119 people (including Casino Sochi with 41,877 visitors and the slot machine hall Bonus Slots with 7 242 […]
Russia’s Prime Minister Dmitry Medvedev has signed the order to slose the Azov-City gambling zone in the Krasnodar Territory. The order is published on the official information portal. Azov-City will be closed from December 31, 2018, the decree says. Azov-City is the first gambling zone in Russia, it was opened in 2009. The authorities were […]
Closure of Azov-City may lead to a socio-economic collapse in the Kuban region of the Russian Federation. This problem and the ways to solve it were discussed during a press conference with the stakeholders of the gambling zone Azov-City. Several solutions are proposed, allowing the Kuban gambling zone to continue its operation. First of all, […]
The Arbitration Court of Tatarstan declared the former CEO of Royal Time Group LLC Rashid Taymasov bankrupt. Rashid Taymasov is one of the founders of Azov City.
The government of Azov-city is reportedly in favor of reducing gambling instead of liquidating the zone.