Cambodia's NagaCorp Will Pump $350M Into Russian Casino

Law360, New York (September 9, 2013, 3:05 PM EDT) -- Cambodian casino giant NagaCorp Ltd. will invest at least $350 million into a Russian hotel and casino resort complex near the country's border with China in hopes that the project will attract tourists from China, Japan and South Korea, the company said Monday.

The company said it has entered an investment agreement with government officials in Russia's Primorye region to create the Primorsky Entertainment Resort City, which will be located in one of four casino gaming zones in the country.

The complex, located in Vladivostok, Russia,...
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