Tagged vladivostok

South Korean firm considering Russian casino development

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...

Russian court upholds decision against Royal Time Group

Adam Morgan

June 7, 2017

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

In Russia, a Primorsky Krai court has reportedly upheld a decision from the local government to terminate a contract that had given Kazan-based developer, Royal Time Group, permission to construct a $215 millio...

Siberian casino developer sanctioned for delays

Lars Jones

April 18, 2017

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

Although Hein Yongli LLC won an auction for the fifth integrated casino resort to be built in the Primorye Entertainment Zone near Vladivostock, Russia, the company has failed to meet construction expectations ...

Tigre de Cristal claims illegal operations harm their business

Alex Lanter

March 30, 2017

Latest Casino and Gambling News, Economy/Finance, Russia

Lawrence Ho's Tigre de Cristal casino in Russia's Siberia has been forced into significantly lowering its main casino floor offer due to illegal gambling operations in the region that unfairly compete with the ...

North Korea seeking foreign investment for casino cruise ship

Adam Morgan

March 24, 2017

Latest Casino and Gambling News, Casino proposals, Casino Cruise Ships, Asian Casino News

Despite not being known for its tourism industry, the secretive nation of North Korea is reportedly seeking foreign investment in order to operate a cruise ship complete with a casino on routes around southeast...

Vladivostok IR project on track for 2019 debut

K Morrison

March 19, 2017

Latest Casino and Gambling News, Russia

NagaCorp Ltd’s (3918:Hong Kong) integrated resort (IR) project in Vladivostok, Russia reportedly remains “broadly on schedule for operation by 2019,” according to Asia Gaming Brief. The news agency reports t...

Tigre De Cristal second phase could cost up to $500 million

Adam Morgan

November 24, 2016

Latest Casino and Gambling News, Casino project updates, Russia

After last month revealing that its Tigre De Cristal casino resort had generated gaming taxes of over $8 million during its first year of operation, operator G1 Entertainment has now reportedly declared that it...