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Mini Vegas for Asia's gamblers pops up in Russian far east

The Tigre de Cristal casino 6,400 kilometres east of Moscow is financed largely by a HK firm

Published Mon, Jul 3, 2017 · 09:50 PM

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    Artem, Russia

    ON RUSSIA'S eastern rim, where endemic corruption and bureaucratic sloth conspire to hold back the economic dynamism enriching the rest of Asia, a shimmering palace rises from a dark forest in an improbable effort to tap into the wealth of nearby China, Japan and South Korea.

    At a time when few Chinese or other investors want to take a gamble on Russia, the forest property, 6,400 kilometres east of Moscow, beckons deep-pocketed Asians who not only do not mind risk but delight in it - and are ready to wager their money on the baccarat tables and roulette wheels of the Russian far east's fledgling answer to Las Vegas.

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