Jiangsu Xiuyuntong agrees 16bn-ruble casino complex project in Russia

Jiangsu Xiuyuntong Investment agreed with Russian parties to build a casino complex in the Primorye Gambling Zone, with the project valued at 16bn rubles, according to reports. The two-phase development is planned to include a hotel with at least 150 rooms within a 37,000-square-metre complex; the investor is due to submit a detailed action plan by year-end, the Primorye Development Corporation said.