Europe's Biggest Entertainment Centre to Be Set Up in Moscow Region

Early March will see the building of Europe's biggest entertainment centre in the flood-lands of the Moskva River, the Moscow region's Krasnogorsk district, First Deputy Chairman of the Moscow regional government Alexei Panteleyev stated.

The Los Angeles international gambling industry association will invest money into the project, he said. Without revealing the total volume of foreign investments, Panteleyev said that this year 230,000,000 dollars would be invested into the building. Besides the entertainment centre, there will also be a 550-600 bed hotel, Panteleyev said.

The regional government intends to start building a business centre of the Moscow region on the same territory in the coming years. "The scale of this project is much bigger than the one of the Moscow city project," Panteleyev stated.