Simple Create, a Japanese company based in Otsu, Shiga Prefecture, has partnered with Diamond Fortune on that company’s Imperial hotel complex, one of the largest projects in the Primorye gaming zone of Russia’s Far East.
Simple Create is involved in a wide range of businesses in Japan, from real estate to petroleum products, according to a press release from the Primorsky Krai Development Corporation, which is charged with development of the zone. It gave no details on the size of the investment from the Japanese company.
“I have not seen a single casino in the world that fronts the coast so beautifully as in Primorye. Many of our potential customers live in China, Japan, the Republic of Korea, and Taiwan within two hours of flight, and this is a guarantee of a large number of guests,” Simple Create Chairman Nobukazu Koyama was cited as saying.
Diamond Fortune says it has altered the design of the development, which was formerly known as Selena.
The first stage of the Imperial complex will include a hotel with four categories of rooms, including a presidential suite, as well as a casino covering about nine thousand square meters with fifty gambling tables and three hundred slot machines. The project includes a restaurant, a food court with Russian, Chinese and Italian cuisines, a nightclub, a spa area of more than 1000 square meters, and shops.
The opening date is scheduled for autumn 2020. In the first phase investments will amount to US$70 million The second phase of the project involves the construction of another hotel for three hundred rooms with an investment of about US$200 million. (AGB)