The Siberian Coin Gambling Zone

The Siberian Coin Gaming zone

Russian Gambling Zones

According to the Law on State Regulation of the Organization and Conduct of Gambling and Amendments to Certain Legislative Acts of the Russian Federation of 2006, all casinos and similar establishments in Russia must be located only in four designated zones.

What Is the Siberian Coin?

The first such zone is Azov City, situated on the border between the Rostov Region and the Krasnodar Territory. Another ambitious project is the Siberian Coin. It is constructed on the territory of the Altai region (almost three hundred kilometers from Barnaul). Its area is more than 2,300 hectares.

Siberian Coin is adjacent to the tourist and recreational zone Turquoise Katun. It is now constructed in the Altai area of the river Katun.

The public service oversees the external infrastructure of the complex, and construction is funded from the budget. We are discussing the reconstruction of old roads and the construction of new ones, the building of a bridge over the Katun, the repair of a runway at Biysk Airport, the laying of pipelines, and other related projects.

Investors in the Siberian Coin Gambling zone

Here is brief information on the investors:

  1. The first investor of Siberian Coin is the Alti Company. It leased two plots with a total area of more than fifteen acres. It has presented two draft casino and hotel complexes, as well as two business-class hotels. The total investment exceeds 420 million rubles.
  2. Another investor of Siberian Coin is JSC Energy M from Yoshkar-Ola. The company leased an area of over 66,000 square meters and planned to build a hotel with a casino. The project is expected to be completed by the end of 2015. The investment is approximately 580 million rubles.

They are now considering methods to attract foreign investors.


News about the Siberian Coin

Casinoz will keep you abreast of the latest news in the gambling areas of the Russian Federation.

Frequently asked Questions

🎰 What is the Siberian Coin Gambling Zone?

The Siberian Coin Gambling Zone is one of Russia's officially designated gambling zones, created to concentrate legal gambling activities in specific, often remote, areas. It is situated in the foothills of the Altai Mountains, near the border with China and Kazakhstan, and serves as the only territory in Siberia where gambling is permitted. The Russian government established the zone to develop these underdeveloped regions through tourism and investment.

🃏 What types of gambling are available at the Siberian Coin Gambling Zone?

The primary gambling establishment within the Siberian Coin Gambling Zone is the Altai Palace casino. Visitors can expect to find a range of classic casino games, including various slot machines and table games such as roulette and poker. Beyond the main casino offerings, the wider zone is planned to include a variety of entertainment options.

🏩 Are there accommodations available within or near the Siberian Coin Gambling Zone?

Yes, visitors to the Siberian Coin Gambling Zone have accommodation options. The Altai Palace complex itself includes a 4-star hotel. Additionally, there are other tourist complexes located within a 15-to 20-minute drive from the gambling zone, providing further options for guests. Future development plans for the zone include the addition of hotels and villas that are integrated into the natural landscape.

❔ What are the entry requirements for the Siberian Coin Gambling Zone?

According to current Russian regulations, the legal gambling age is 18 years old. While specific entry requirements beyond age for the Siberian Coin Gambling Zone are not widely publicized, it can be assumed that standard identification may be required for entry into the casino facilities, consistent with international gambling regulations.

🎲 What is the history behind Russia's gambling zones, including Siberian Coin?

Gambling in Russia has undergone significant changes in its legal status. Historically, it was popular, but after the Socialist Revolution, it was broadly condemned. Following the collapse of the Soviet Union, gambling flourished again, leading to a proliferation of casinos across the country. However, in 2006, concerned about illegal operations, tax evasion, and social issues, the Russian government under President Vladimir Putin enacted Federal Law No. 244-FZ. This law banned most gambling activities across Russia, confining them to a few specially designated "gambling zones." The Siberian Coin Gambling Zone, along with others in Kaliningrad, Primorye, and Krasnodar (later Sochi), was established as part of this policy to centralize and regulate the industry, with the aim of developing these areas economically. The Altai Palace casino, the first and smallest in the Siberian Coin zone, began operations in 2014.

Denis Anipchenko
Denis Anipchenko
Editor-in-chief and online gambling expert

Denis is a true professional with many years of experience in the gambling industry. His career started back in the late nineties when he worked as a croupier, pit boss, manager and casino manager. This unique experience allowed him to deeply understand the world of gambling from the inside. Since the late noughties Denis has dedicated himself to writing articles and analyses about gambling, and since the early tens he has become a key figure in the Casinoz team. Here he not only writes and edits content, but also creates reviews, shares his expertise and helps readers understand the intricacies of gambling. Denis combines practical experience and in-depth knowledge, making him one of the most respected experts in the industry. His writings are always up-to-date, proven and useful information for anyone interested in the casino world.

An expert in:
  • casino operations
  • management
  • gambling analytics
  • RTP
  • volatility
  • regulation
  • trends
  • reviews
  • editorial
  • expertise
Facts checked Alex Vasilev Scientific editor and fact checker
Write a comment
Typed 0 synbols, min 50, max 2000
Rate
You rated
0/10