Search Results for: "Primorye zone"

Federal authorities take control of Primorye Entertainment Zone

July 5, 2017

Latest Casino and Gambling News, Casino project updates, Fines, Lawsuits & Litigation, Russia

Concerns regarding the slow development of the region have reportedly led to the federal government usurping control of the Primorye Entertainment Zone near Vladivostok, Russia, from the local government. As...

Russia’s oldest gambling zone to be shuttered from December 31

Adam Morgan

October 31, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Licenses, Russia

In Russia, Prime Minister Dmitry Medvedev (pictured) has reportedly signed an official order that will see the casino gambling zone near the southern city of Azov closed from the last day of December. A deca...

Russia hoping to speed up development of Primorsky Krai casino zone

Adam Morgan

August 17, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Russia

In Russia, the government has reportedly reacted to criticism over the lack of investment in the Primorsky Krai gambling zone by announcing that it intends to pass federal legislation to streamline the process ...

Ho family eyes Crimean gambling zone as possible investment?

K Morrison

October 6, 2016

Latest Casino and Gambling News, Casino project updates, Russia

Stanley Ho-controlled SJM Holdings Limited (HKG:0880) and Summit Ascent Holdings Ltd (HKG:0102), controlled by son Lawrence, may be looking to add the Crimean gaming zone to their substantial investment portfol...

Olympic Village part of Sochi gambling zone, Crimea construction to begin 2017

Lars Jones

August 26, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Russia, Russia

Krasnaya Polyana (Красная Поляна) will be the name of the newly minted Russian gambling zone to replace doomed Azov City, according to media reports coming out of the former Soviet state. The "Gorky Gorod" ski ...

New gambling zone to be created in Sochi

Sadonna Price

August 21, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Russia

The city of Sochi is set to create a new gambling zone after Dmitry Medvedev, the Russian Prime Minister, gave the go-ahead. TASS, a Russian news agency, is reporting that on the 10th of August, a resolution wa...

Russian Far East gambling zone running behind schedule

Adam Morgan

June 16, 2016

Latest Casino and Gambling News, Casino project updates, Russia

Efforts to turn the Primorsky Krai region in the far east of Russia into a gambling zone have hit a snag with three of the province’s four planned casinos currently behind schedule to open. According to a re...

Primorye tax revenues to hit RUB165 million in 2016

K Morrison

June 1, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Russia

Tax revenue at the Primorye Integrated Entertainment Zone (PIEZ) is expected by Russian authorities to reach RUB165 million (US$2.5 million) this year, and by 2022, 700 million annually. Last week Friday, Se...

Russia’s Yantarnaya gaming zone’s Magic Crystal opening date set

K Morrison

April 18, 2016

Latest Casino and Gambling News, Casino project updates, Russia, Russia

NewKaliningrad.ru reports the scheduled opening of the Yantarnaya gaming zone’s first gaming facility, situated in the westernmost region of Kaliningrad, a seaport city located between Poland and Lithuania alon...

Primorye Selena World announces details of three separate casino resorts

Lars Jones

March 4, 2016

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Russia, Russia

As reported in September, the Selena World Resort under development in the Primorye Integrated Entertainment Zone (PIEZ) near Vladivostok, Russia will be comprised of three separate phases of development, each ...

Russia’s gambling zones offering low casino tax rate, relaxed visa rules to attract investors and gamblers

Renee Kingsley

December 4, 2015

Casino openings, Casino expansion projects, Asian Casino News, Macau, Russia, Singapore, South Korea

Russia banned casinos in 2009 but has authorized five special integrated gambling zones since then, the last being Sochi (pictured) the mostly abandoned site of the 2014 Winter Olympics. The first of these zone...

Tigre de Cristal to be first of 8 casinos to open in Primorye Russia

Lars Jones

September 13, 2015

Casino project updates, Asian Casino News, Russia

The Vladivostok area of Russia will soon see the premiere of Tigre de Cristal Casino & Resort with a soft launch anticipated on October 8th and a full opening several weeks later when all systems have been ...

Oriental Regent buying $1.28 million in chips from Dolphin for Russian Primorye gaming project

Sam Mitchell

April 18, 2015

Latest Casino and Gambling News, Casino project updates, Financial Press Releases, Russia, Russia

Oriental Regent has announced its intention to spend $1.28 million on gaming products created by Dolphin Products, a subsidiary of Melco. The products will be used for a new casino located in a portion of the R...

Under-construction Naga Vladivostok set to receive local government help

Adam Morgan

February 10, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Labor Relations, Russia

In Russia and the government for the Far Eastern province of Primorsky Krai has reportedly announced that it is to help casino operator NagaCorp Limited speed up construction on its $350 million Naga Vladivosto...

Suncity Group Holdings Limited upping its Russian commitment

Adam Morgan

November 3, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian junket behemoth Suncity Group Holdings Limited has reportedly announced that one of its subsidiaries has agreed deals to acquire a further 7.5% stake in Oriental Regent Limited and take its combined inter...