Search Results for tigre-de-cristal

Hong Kong SFC Sues LET Group Chairman Andrew Lo for Alleged Misconduct

October 2, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Fines, Lawsuits & Litigation

The Securities and Futures Commission (SFC) of Hong Kong has initiated legal proceedings against Andrew Lo, the Chairman and controlling shareholder of both LET Group Holdings and Summit Ascent Holdings. This l...

LET Group Advances Plans to Sell Tigre de Cristal Stake Amid Sanctions

Vanja Mitic

July 10, 2024

Casino Sales, Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Industry News, Russia

The Chairman and controlling shareholder of the Hong Kong-listed LET Group, Andrew Lo, has revived plans to sell the company’s entire interest in the Russian-integrated resort Tigre de Cristal, located in the P...

Summit Ascent Expects Net Loss for Full 2023; Reports an Impairment Loss of US$56m

Marija Malenovic

April 1, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Fines, Lawsuits & Litigation

It was recently reported that Summit Ascent Holdings Ltd., a subsidiary of LET Group Holdings Ltd., commented that it projects to reveal a the net loss for the entire last year, in comparison to income of HKD11...

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

Radosav Milutinovic

February 23, 2024

Casino Sales, Casino News, Latest Casino and Gambling News, Taiwan, Casino Destinations, World Casino News, Casino project updates, Hong Kong, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Russia

The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Sale of Shares of G1 Entertainment LLC Fueled By Russia-Ukraine Conflict

Marija Malenovic

January 18, 2024

Casino Sales, Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Mergers, Acquisitions & Partnerships, Licensing, Russia, Ukraine

LET Group Holdings, a Hong Kong-listed investment holding company, has announced that its agreement to formally sell the licensee of its Tigre De Cristal Resort, located in Vladivostok, for $116 million, has be...

Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale

Radosav Milutinovic

January 11, 2024

Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Taiwan, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Licenses, Online Gambling News, Russia

Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment...

Casino & Hotel Complex in Primorye about to Be Built, Construction Begins in September

Vanja Mitic

July 7, 2023

Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Russia, Russia

Primorye gambling zone in Russia is getting a new hotel and casino complex. Primorsky Krai Development Corporation (KRPK) announced that work on the new complex construction will begin in September this year. ...

Latest Results: 19.2% More Guests in Primorye Casinos

Vanja Mitic

April 6, 2023

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Financial Press Releases, Russia, Russia

Despite the unstable political, geopolitical, and economic situation in Russia, it seems their gambling market is blooming this year. In the Russian Far East, in the popular Primorye entertainment zone, many ne...

Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Radosav Milutinovic

March 30, 2023

Casino proposals, Latest Casino and Gambling News, Casino News, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Financial Press Releases, Russia

Asian casino operator Summit Ascent Holdings announced a $200 million expansion of its Russian-integrated resort Tigre de Cristal earlier. Last year, the COVID-19 pandemic and the Russian invasion of Ukraine po...

Summit Ascent Holdings Limited benefits from domestic Tigre De Cristal trade

Adam Morgan

August 24, 2022

Casino News, Latest Casino and Gambling News, Casino expansion projects, Casino project updates, Gaming Industry News, Economy/Finance, Russia

Summit Ascent Holdings Limited has released its interim half-year financial results showing that aggregated revenues increased by 37% year-on-year to approximately $22.6 million thanks to the strong performance...

Primorsky Krai extends casino tax relief measures as sanctions begin to bite

Adam Morgan

April 21, 2022

Casino News, Gaming Law & Legislation, Casino proposals, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Russia

As international sanctions begin to bite and the government for the Russian territory of Primorsky Krai has reportedly passed legislation to extend a range of tax relief measure for local casino operators by a ...

Summit Ascent Holdings Limited delays planned Tigre De Cristal expansion

Adam Morgan

March 23, 2022

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Russia

Asian casino operator Summit Ascent Holdings Limited has reportedly announced that the planned $200 million expansion of its Tigre De Cristal development is being postponed to ‘no earlier than 2025’ due to a ra...

South Korean firm investing in Russia’s far eastern casino zone

Adam Morgan

March 22, 2022

Casino News, Latest Casino and Gambling News, Casino proposals, New Hotels, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

In Russia and the state-owned Primorsky Krai Development Corporation has reportedly signed a deal that is to see South Korean enterprise Plgen Holdings Company Limited bring a $23.9 million casino resort to the...

NagaCorp Limited suspends development of Russian casino project

Adam Morgan

March 4, 2022

Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian casino operator NagaCorp Limited has reportedly indefinitely suspended its plan to bring a $350 million Las Vegas-style gambling development to eastern Russia’s Primorye Integrated Entertainment Resort zo...

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

Adam Morgan

November 30, 2021

Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Financial Fraud

Following his arrest by police in mainland China over the weekend and Alvin Chau Cheok Wa (pictured) is reportedly set to stand down as Chief Executive Officer for Asian casino investor Suncity Group Holdings L...

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Hong Kong SFC Sues LET Group Chairman Andrew Lo for Alleged Misconduct

LET Group Advances Plans to Sell Tigre de Cristal Stake Amid Sanctions

Summit Ascent Expects Net Loss for Full 2023; Reports an Impairment Loss of US$56m

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

Sale of Shares of G1 Entertainment LLC Fueled By Russia-Ukraine Conflict

Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale

Casino & Hotel Complex in Primorye about to Be Built, Construction Begins in September

Latest Results: 19.2% More Guests in Primorye Casinos

Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Summit Ascent Holdings Limited benefits from domestic Tigre De Cristal trade

Primorsky Krai extends casino tax relief measures as sanctions begin to bite

Summit Ascent Holdings Limited delays planned Tigre De Cristal expansion

South Korean firm investing in Russia’s far eastern casino zone

NagaCorp Limited suspends development of Russian casino project

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

PhilWeb Corporation Refutes Rumors of Backdoor Listing with PlayTime

The Lodge Card Club Expands with High-Profile Poker Investors

Online Growth Pushes Europe’s Gambling to €123B

Massachusetts Investigates Robinhood Over March Madness Prediction Markets

Tilman Fertitta Plans to Resign from Landry’s and Other Roles If Confirmed as U.S. Ambassador

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Search Results for: "tigre de cristal"