Fiji casino project raises $400m
The first phase of Fiji’s casino project is to get under way this month, the company behind the scheme has confirmed.
According to local media, One Hundred Sands managing director Larry Claunch revealed that $400m in financing had already been raised for the project in just six months.
Construction work will begin shortly, he said.
The resort, which will feature a 500-slot, 57-table casino, is due scheduled to open by October next year.
It will be the country’s first casino.
IGT, one of the world’s largest gaming companies, saw revenues fall 15 per cent in the three months to March 31.
Russian President Vladimir Putin has introduced a bill to allow casinos in Crimea.
Targeted marketing to East Asian customers has become particularly important in recent years as Atlantic City casinos look for ways to compete in an ever-expanding market.
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