Russian President Vladimir Putin this week met with Japan’s PM in a bid to discuss issues pertaining bilateral business, which include Internet gambling, especially playing the best online slots.
According to many international diplomacy experts, the meeting of the two leaders and talks on how to expand the gambling business is a sure way of reaching a peace treaty amongst themselves.
Their meeting comes ahead of the scheduled opening of the very first Sochi casino resort on January 5, 2017. This debut casino will make the resort town that is situated on the mountainside an appealing destination many people would want to recline to during their leisure time.
Four months ago, Russia approved gambling business to operate in Sochi to help the city and the country at large recover from the debt it incurred during the 2014 Winter Olympics that were held in Russia.
Before Sochi’s gambling approval, only four other cities in Russia had the approval of making real money casino gambling sites. The gambling zones are Kaliningrad Oblast, Primorsky Territory, Azov-City, and Altai Krai.
The Sochi Resort, which will be open to the public 4 days after New Year celebrations, is considered a complete 5-star casino in the territory. Among the things that will be available for members of the public and gamers at large include convention space, two restaurants, the casino floor for gaming, cabaret theatre, and several other social amenities.
The region’s Tourism Minister said that opening of the resort will only help the territory but also bring an impact to the country’s economy.
“Although Sochi is already known because of its position as a tourist attraction center, opening of the Sochi Casino is a major input to solving many problems including one major issue, the off-season issue,” Krasnodar said.
It should be remembered that Sochi was the host of the 2014 Winter Olympics, the event that plunged the known ‘Summer City’ into huge debts, many of which have not be settled to date.
When the casino finally opens next week, it is expected to harvest a lot thanks to the busy season that starts in the fifth month (May) each year and stretches to the ninth (September) of each year.
The Two Will Benefit
For more than 70 years, the two countries have not had any peace treaty, because Japan accuses Russia in expelling more than 17, 000 of her citizens from a territory Japan hold to date that it belongs to them.
Recently, Japan legalized gambling, a move that would see the country realize an industry with the potential of bringing to the national kitty more than $40 billion.
But for Japan to realize this, some of its destinations would need foreign tourism, a sector that will bring on board gaming professionals with their money.
However, a section of Japan’s population still does not support what PM Abe is doing with Russia because the country is supporting Syria. Check out the article With Donald Trump In The White House, There’s Hope For USA Online Gambling.
What Will Come Of Japan
In the next few years, experts say, Japan will be one of the biggest gaming destinations. However, that has to wait because the county is yet to prepare proper legislation that will oversee the online gaming business.