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 Ltd, a prominent casino operator listed in Hong Kong and operator of the NagaWorld casino resort in Phnom Penh, is grappling with financial uncertainties due to a significant revaluation of its stalled...
The Chairman and controlling shareholder of the Hong Kong-listed LET Group, Andrew Lo, has revived plans to sell the company’s entire interest in the Russian-integrated resort Tigre de Cristal, located in the P...
The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...
LET Group Holdings, a Hong Kong-listed investment holding company, has announced that its agreement to formally sell the licensee of its Tigre De Cristal Resort, located in Vladivostok, for $116 million, has be...
Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment...
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...
The U.S. Securities and Exchange Commission has charged Flutter Entertainment, the Dublin-based global gaming and sports betting company and the owner of the online poker site PokerStars, with a $4 million fine...
On Friday, February 24, the Financial Action Task Force (FATF), an international money laundering watchdog with over 200 countries as members worldwide, reported that the Russian Federation has been banned from...
As a result of the Russian invasion of Ukraine, there have been huge consequences for the international Russian gaming and betting industry, especially for many international Russian gaming operators, as many i...
An unprecedented special operation has been conducted in Ukraine. SSU’s cyber specialists caught the group of criminals that transferred the funds from the gambling site to Russia. According to SSU, the crimina...
As the war on Ukraine continues, many major companies are pulling services from Russia as a sign of solidarity for the attacked country. Aligning with companies like Coca-Cola and McDonald’s, online poker giant...
Prominent online casino and sportsbetting operators Parimatch and Bet365 have reportedly pulled their services from Russia after that giant nation’s army last week invaded the neighboring country of Ukraine.
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Further strengthening its foothold in Europe, iGaming developer Betsoft Gaming has partnered with fast-growing Russian brand Joker.ua in its latest content distribution agreement.
The new partnership has see...
British software development company EveryMatrix has launched online bookmaker 888.ru for the Russian regulated market. The new partnership marks the "first major deal" for the "new version" of the London-headq...