POSTED: July 10th 2014

Russia gambles on Sochi 2014 legacy

CHAD WISE / Sports Features Communications

(SFC) The legacy of the Sochi 2014 Olympic Winter Games may include gambling after the Russian parliament voted to add Sochi to the list of areas that allow the otherwise illegal activity.

Casinos and gambling in Russia were restricted to certain “designated zones” in 2009 to keep them away from major cities and tourist attractions. With unused infrastructure following the conclusion of this year’s Olympics, the government may decide to add casinos to the Black Sea resort.

“We should do everything to make these projects bring returns on the investment so that they don’t go bankrupt,” Russian Deputy Prime Minister Dmitry Kozak told Russian news agencies.

Several of the 14 venues constructed for the Games were turned into malls or given to athletic federations, while private companies who built hotels and other infrastructure around Sochi are finding the demand for space in the resort area is not as high as anticipated.

The Russian government will decide in the next 10 days if casinos will be allowed in Sochi.

Keywords · Sochi 2014 · Sochi · Russia · Olympics · Olympic Games · Olympic Winter Games ·

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