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March 29
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YEREVAN. – With government support, Prosperous Armenia Party leader, business tycoon Gagik Tsarukyan is preparing to build a new casino worth $150 million, Zhamanak daily reports.

“At the end of last year, the Armenian government approved the draft decision submitted by the minister of finance, whereby it permitted Onira Club company to build an entertainment and recreation center in Verin Ptghni village of Kotayk Region.    

“According to the government’s reasoning, in line with the A & M Financial Consulting estimation, the investment plan for the construction of Onira Club’s entertainment and recreation center is worth 61,146,139,000 drams [approximately $151,876,975],” Zhamanak writes.

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