STORM TO INVEST $300M IN ARMENIAN CASINO
ATE Online, UK
Sept 5 2007
Russian gaming firm Storm International will invest $300 million in
a casino and series of gaming halls in Armenia. A spokesperson for
the company said it will build a 15-hectare gambling complex called
Shangri-La-Yerevan in the country using additional investment from
unnamed US partners.
Armenia currently has about 50 casinos, which operate according to
a 2002 law forcing them 10 kilometres outside the capital center.
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Direct link to this article: https://www.armenianclub.com/2007/09/06/storm-to-invest-300m-in-armenian-casino/