Tagged vladivostok

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

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...

Foundation work begins on coming Naga Vladivostok facility

Adam Morgan

April 23, 2018

Latest Casino and Gambling News, Casino project updates, Russia

In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that Asian casino operator NagaCorp Limited has begun construction on the foundations for the first phase of its planned...

Tigre De Cristal’s Phase II plans to focus on non-gaming amenities

K Morrison

March 26, 2018

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

As expected, the planning stage of the second phase of the Tigre de Cristal in the Primorsky Integrated Entertainment Zone (IEZ) outside of Vladivostok, Russia is now underway and will reportedly focus on non-g...

Tigre De Cristal being hurt by lack of weekend room capacity

Adam Morgan

September 5, 2017

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

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the year of nearby hotels without gambling may significantly help tr...

Primorsky Krai auction attracting domestic and international interest

Adam Morgan

August 29, 2017

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 has received inquiries from both domestic and international casino firms regarding the three plots of Far East l...

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 ...

Federal authorities take control of Primorye Entertainment Zone

K Morrison

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...