At one time there were over 1,000 casinos in Russia but they were all outlawed in order for the government to gain control over casino revenues. Several gambling zones were created and World Casino News offers intensive coverage from Sochi to the Primorsky Krai and beyond as these European and Asian gambling meccas develop and try to find their footings amongst fierce international competition. While the Siberian gambling zone near Vladivostok has not met expectations yet, you will find some big names there such as NagaCorp investing big money in its success.
We also cover the more controversial zones such as the one established in Crimea after the military's annexation of the region. Readers here can stay up to date on any new zones being considered or created as well as casino proposals and openings.
NagaCorp, the prominent Cambodian gaming operator, has experienced a significant financial turnaround, reporting a slight loss of $963,000 for the first half of 2024. This marks a stark contrast from the $82.97...
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.
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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...
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 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...
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 ...
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...
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...
A prominent Asian financial services and trading specialist has reportedly predicted that local casino operator NagaCorp Limited may now be looking to sell off its under-construction Naga Vladivostok developmen...
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...
In Russia and the government for the Far Eastern province of Primorsky Krai has reportedly announced that it is to help casino operator NagaCorp Limited speed up construction on its $350 million Naga Vladivosto...
Asian junket operator Suncity Group Holdings Limited has reportedly announced that it intends to begin construction on the second phase of its $4 billion Hoiana integrated casino resort from sometime later this...
Asian junket behemoth Suncity Group Holdings Limited has reportedly announced that one of its subsidiaries has agreed deals to acquire a further 7.5% stake in Oriental Regent Limited and take its combined inter...
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...
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 ...