Lawrence Ho Yau Lung steps down at Summit Ascent Holdings Limited Adam Morgan Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsRussia January 1, 2018 0After last month selling off the entirety of his 17.37% stake in Asian casino operator Summit Ascent Holdings Limited, Hong...
Taiwanese firm buying into Summit Ascent Holdings Limited Adam Morgan Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsRussia December 20, 2017 0Taiwanese shipping giant First Steamship Company Limited has reportedly announced that it will be spending approximately $253,000 million over the...
Craig Ballantyne to leave Summit Ascent Holdings Limited Adam Morgan Latest Casino and Gambling NewsHong KongRussia September 6, 2017 0Asian casino operator Summit Ascent Holdings Limited has reportedly announced that Craig Ballantyne will be stepping down as its Chief...
Primorsky Krai auction attracting domestic and international interest Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino project updatesRussia August 29, 2017 0In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that it has received inquiries from both domestic and...
Russia hoping to speed up development of Primorsky Krai casino zone Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino project updatesRussia August 17, 2017 0In Russia, the government has reportedly reacted to criticism over the lack of investment in the Primorsky Krai gambling zone...
Federal authorities take control of Primorye Entertainment Zone Kim M Latest Casino and Gambling NewsCasino project updatesFines, Lawsuits & LitigationRussia July 5, 2017 0Concerns regarding the slow development of the region have reportedly led to the federal government usurping control of the Primorye...
Russian court upholds decision against Royal Time Group Adam Morgan Latest Casino and Gambling NewsCasino project updatesFines, Lawsuits & LitigationRussia June 7, 2017 0In Russia, a Primorsky Krai court has reportedly upheld a decision from the local government to terminate a contract that...
Siberian casino developer sanctioned for delays Lars Jones Latest Casino and Gambling NewsFines, Lawsuits & LitigationRussiaRussia April 18, 2017 0Although Hein Yongli LLC won an auction for the fifth integrated casino resort to be built in the Primorye Entertainment...
Vladivostok IR project on track for 2019 debut Kim M Latest Casino and Gambling NewsRussia March 19, 2017 0NagaCorp Ltd’s (3918:Hong Kong) integrated resort (IR) project in Vladivostok, Russia reportedly remains “broadly on schedule for operation by 2019,”...
Study suggests former BCN World project will shock local Spanish economy Lars Jones Latest Casino and Gambling NewsCasino proposalsNew HotelsEconomy/FinanceSpain March 14, 2017 0Center Recreatiu i Turístic (CRT) formerly known as BCN World, in Vila-seca and Salou, about 100km down the coast from...
Gambling in Sochi to even out seasonal economy Lars Jones Latest Casino and Gambling NewsCasino NewsCasino openingsCasino project updatesEconomy/FinanceRussiaRussia December 28, 2016 0The Russian state-owned news agency TASS is reporting that the new Krasnaya Polyana gambling zone in Sochi will attract the...
NagaCorp Limited “on schedule” in Russia after overcoming construction delay Adam Morgan Latest Casino and Gambling NewsCasino project updatesRussia October 12, 2016 0After earlier reporting that construction on its Seaside Entertainment Resorts City in Russia’s Primorsky Krai region had been delayed due...
Ho family eyes Crimean gambling zone as possible investment? Kim M Latest Casino and Gambling NewsCasino project updatesRussia October 6, 2016 0Stanley Ho-controlled SJM Holdings Limited (HKG:0880) and Summit Ascent Holdings Ltd (HKG:0102), controlled by son Lawrence, may be looking to...
Report; taxes on slot machines and betting shops to double in the Russian Federation Kim M Latest Casino and Gambling NewsTaxationRussiaRussia September 26, 2016 0The tax for slot machines and betting shops in the Russian Federation will be doubled by the Russian Finance Ministry,...
Morgan Stanley reports decline in Macau VIP gambling and strong growth in International VIP gambling during Q2 Renee Kingsley Latest Casino and Gambling NewsMacau September 14, 2016 0Morgan Stanley recently released a market report for Q2 of 2016 covering the global VIP gambling market and revealed that...