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Big Lifestyle Development is finalising plans to develop the Kazakhstan, Tengri Resort, part of a Silk Road Project
Kazakhstan - Casino operations
Big Lifestyle and Development (Seychelles) has announced that it has entered into a definitive agreement with the developer of the Tengri Resort in Kazakhstan to act as its exclusive sales and marketing joint venture partner.
KAZAKHSTAN – WYNN MEETS KAZAK PRESIDENT Kazakhstan's head of state, President Nursultan Nazarbayev, has held a meeting with the CEO of Wynn Resorts, Steve Wynn. Local reports suggest that the meeting called to dis- cuss the development of the tourism industry and hotel business in Kazakhstan. In addition, the prospects for joint project within the framework of investment activity was as part of proposed future developments.
The Tengri Resort is being developed in the Almaty region of Kazakhstan. It will be an all sea- son resort area containing hotels, casinos, resi- dences, shopping, golf courses, horse racing, near- by skiing, a Silk Road entertainment park and a marina. A significant aspect of the development will be full casino gaming, which is legal in Kazakhstan. The developer has acquired the exclusive gaming concession for the area and envisions the participation of several fully inte- grated casino resorts. The casinos will be the only legal gambling establishments within a radius of 1,800 miles, and will serve as gaming and tourist destinations for all of Eurasia.
The project will also feature medical, educational, convention and logistics developments. It is being built on an area of 16,000 square acres, bounded on one side by an 87-mile long lake and on the other by a new super-highway and highspeed rail being constructed as part of the Chinese Silk Road Project, which will stretch from Beijing to Amsterdam. A key to the project’s success is the fact that a new international airport is being con- structed at the site with funding being provided by
RUSSIA – JAPANESE INVESTOR’S RUSSIAN CASINO Iida Group Holdings, a Japanese property developer, wants to invest between $380m and $450m in developing a casino resort on an island in Russia’s Far East.
The company wants to develop on Russky Island near the far eastern city of Vladivostok, with plans to recoup its invest- ment within seven years. The project would include a golf course for summer vacationers and mountain skiing area for the winter season.
The island is a former military base. It has bridge connecting it to the mainland built for the Asia-Pacific Economic Cooperation (APEC) summit in 2012.
Sergei Kachayev, a deputy minister for the development of the Far East, confirmed that negotiations were underway with Iida Group Holdings. In May Iida Group Holdings con- firmed it was opening an office in Russia.
A representative of the governor said: ‘This will load us with tourists in the future resort on Russky Island and the Primorye entertainment zone.’
Summit Ascent Holdings, a company including Melco’s Lawrence Ho, has confirmed it will open Tigre de Cristal in the region by the end of August. That project will house 15 bac- carat tables, 800 slot machines, 25 other table games, 25 VIP gaming tables and 119 hotel rooms.
Cambodia’s Nagacorp is also planning to invest $350m in the region.
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the Chinese government. The airport will be with- in a five-hour plane ride of one half of the world’s population and represents a cooperative effort by the Kazakhstan and Chinese governments to turn this locale into a world-class destination.
Big Lifestyle Development (Seychelles) Ltd. is actively engaged in various projects throughout Asia. Its expertise is in fields of entertainment, sports and government relations. It is involved in planning for aspects of the Silk Road Project, both in the land and sea developments; and has been involved in such diverse roles as consulting for the design of Olympic stadiums, the acquisition of gaming rights, the management of international sports events, and the development of entertain- ment venues.
The "New Silk Road” project of intercontinental land routes and maritime links is funded by the Marine Silk Road Bank, a US$50bn infrastructure bank that is focused on building roads, railways, ports and airports across Central and South Asia. The idea of renewing the Silk Road is nothing new. China has long invested in ports in strategic loca- tions around Asia and elsewhere. In recent years, it funded the construction of Hambantota port in Sri Lanka and has been supporting the develop- ment of Colombo port in Sri Lanka and Chittagong port in Bangladesh. A map published by the Marine Silk Road Bank envisages two routes: an overland one snaking through Kazakhstan, Kyrgyzstan and Iran en route to Vienna in Austria; and a maritime route from Chinese ports to Belgium’s Antwerp. Having gone on aggressive infrastructure expansion in its own country, China is now mapping its global presence in infrastruc- ture to create links to its international neighbours.
Shoutz to help launch VLTs in two initial Chinese provinces
CHINA Shoutz, Inc. and China Netcom Technology Holdings have signed an agreement to implement Shoutz’s Grand Rewards loyalty and second-chance platform and launch a video lottery program in two Chinese provinces.
The Grand Rewards platform is an end-to-end solution for lotteries that can increase engagement, drive ticket sales and encourage brand loyalty. Shoutz and China Netcom Technology plan an initial release of Grand Rewards for Hainan Sports Lottery and Chonqing Welfare Lottery players.
The Grand Rewards platform maximizes customer engagement by offering players several chances to win loyalty rewards. Advertisers and corporate spon- sors will provide small prizes and coupons for instant-win games
within Grand Rewards, as well as more valuable prizes that players can win in regular second-chance drawings.
In addition to the Grand Rewards platform, Shoutz will work with China Netcom Technology to launch its proprietary T3 Video Lottery Terminals in select areas. Future plans also include launch- ing a lottery television game show.
“Shoutz is very excited to be part- nering with China Netcom Technology Holding Company to bring our Grand Rewards second- chance platform, our T3 Video Lottery Terminal, and a televised lottery game show to China. China Netcom is an impressive company with a great management team. Together, our companies are going to grow a large business in the China market,” said Jim Mueller, founder and CEO of Shoutz.
Cambodia Australian listed gambling investment firm Donaco International has purchased the Star Vegas casino in Poipet, the Cambodian town closest to Bangkok Thailand for a reported $360m. Donaco will now compete against local rival NagaWorld in the Phnom Penh province for the attention of Thai gamers. A three hour drive from the Bangkok, Donaco believes that it can turn Star Vegas into the leading casino in Cambodia, attracting visitors from Thailand, which has seen a crackdown on gambling by its military rulers. Donaco International will enhance the 385 room Star Vegas casino property, which further includes 109 gaming tables and over 1,000 gaming machines.
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