Tag: casino

Sochi Liveblog: What Happens After the Olympics?

February 13, 2014

Welcome to The Interpreter’s Sochi 2014 Winter Olympics Liveblog. Here, we will be covering the news away from the ski jumps and ice rinks, where activists are being arrested, corruption looms large, and the terrorist threat is very real. See all of our Sochi coverage here, and read Wednesday’s Sochi Liveblog: Hot Environment and Jailed […]

Putin is Opposed to Opening a Gambling Zone in Sochi

February 10, 2014

Due to the high price of the construction at Sochi, some investors are worried that they will not be able to recoup their costs. In order to avoid default, some have advocated for the construction of casinos and the creation of a “gambling zone.” However, President Putin is against the idea. — Ed. Russian President […]

Olympic Investors Trying to Avoid Default

December 24, 2013

The Sochi Winter Olympics have been plagued by corruption, which is helping to drive the price of the game up. An investigation led by Boris Nemtsov found that the Olympic price tag could top $50 billion, though there are likely many more hidden costs like security. In comparison, the total cost of the Winter Olympics […]