Primorye Integrated Entertainment Resort

Suncity Group Holdings Limited ups its stake in Summit Ascent Holdings Limited

October 15, 2020

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

Asian junket behemoth Suncity Group Holdings Limited has reportedly announced the completion of a deal that has seen it pay approximately $160 million in order to acquire a further 41.69% stake in Russian casin...

Shambala Casino to conduct grand opening on Friday

Adam Morgan

October 14, 2020

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

In Russia and the first phase of the $45 million Shambala Casino from local concern Shambala CJSC is reportedly set to fully open on Friday complete with a restaurant, a theater, a pair of fast-food venues and ...

Late-summer opening plans for Russia’s coming Shambala Casino

Adam Morgan

July 30, 2020

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

In Russia and the government for the Far Eastern province of Primorsky Krai has reportedly announced that the first phase of the coming Shambala Casino is scheduled to open later ‘this summer’ following over tw...

Tigre De Cristal to re-open following coronavirus-induced shutdown

Adam Morgan

July 16, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations, Russia

Asian casino operator Summit Ascent Holdings Limited has reportedly announced that it has been granted official permission to revive operations at its Tigre De Cristal facility following an over 15-week shutdow...

Tigre de Cristal half-year results highlight the importance of VIP clientele

Adam Morgan

August 27, 2019

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

Asian casino operator, Summit Ascent Holdings Limited, has reportedly revealed that its Tigre de Cristal venue recently experienced a 24% increase year-on-year in aggregated six-month revenues to approximately ...

More development cash for Tigre de Cristal operator

Adam Morgan

July 26, 2019

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

Asian casino operator, Summit Ascent Holdings Limited, has reportedly announced that it is hoping to raise approximately $38 million via a share issue to help fund the planned expansion of its Tigre de Cristal ...

Suncity Group Holdings Limited acquires controlling stake in Russian casino operator

Adam Morgan

April 24, 2019

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian junket operator, Suncity Group Holdings Limited, has reportedly announced the completion of a deal that has seen it pay approximately $91.5 million in order to acquire a controlling stake in Russian casin...

Diamond Fortune Holdings secures Imperial investment

Adam Morgan

February 28, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

In Russia, Diamond Fortune Holdings has reportedly announced that a Japanese firm has agreed to invest in its envisioned integrated casino resort for the Primorye Integrated Entertainment Resort zone near the p...

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...

Further expansion plans for Tigre de Cristal revealed

Adam Morgan

September 18, 2018

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

In eastern Russia, the state-run Primorsky Krai Development Corporation has reportedly revealed that the coming second phase of the Tigre de Cristal integrated casino resort is set to feature a substantial shop...

South Korean firm considering Russian casino development

Adam Morgan

August 24, 2018

Latest Casino and Gambling News, Casino proposals, Casino News, Mergers, Acquisitions & Partnerships, Russia

In Russia, a South Korean firm has reportedly held negotiations with the state-owned Primorsky Krai Development Corporation about the possibility of bringing a $263.6 million development to the casino-friendly ...

Shambala CJSC announces plans for Russian Far East casino

Adam Morgan

June 4, 2018

Casino Sales, Latest Casino and Gambling News, Casino proposals, Casino project updates, Mergers, Acquisitions & Partnerships, Russia

In Russia, local firm, Shambala CJSC, has reportedly unveiled plans that will see it construct an around 172,200 sq ft integrated casino resort in the Primorye Integrated Entertainment Resort zone near the port...

Upcoming auction for pair of Russian Far East casino plots

Adam Morgan

May 4, 2018

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

In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that it will be holding an auction later this month for two parcels of land in the casino-friendly Primorye Integrated E...