Japan-based developer Iida Group Holdings may be the next company to develop a casino near the Russian city of Vladivostok.
Iida is planning a $380m to $450m casino on Russky Island, which is less than an hour from Vladivostok, which is where Melco Crown-backed Summit Ascent Holdings will open a casino this summer.
A spokesperson for the Primorye region, one of the zones in Russia where gaming is allowed, confirmed negotiations with Iida are ongoing.
Source: Fantini's Gaming Report
