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Russia

Online magazine Login casino is launching a new online conference in November, focused on opportunities for bookmakers during the FIFA World Cup 2018.

Summit Ascent Holdings, the operator of Tigre De Cristal has warned investors of a potential doubling of gaming tax rates in Russia.

The DOMINO trading zone in the Primorye-based Tigre de Cristal entertainment complex has been certified "China Friendly" under the Russian federal program which encourages travel for Chinese tourists.

The Russian government looking to block access to cryptocurrency exchanges in the country, describing them as “dubious instruments for retail investors,” Russian media reports.

Preparations for the creation of the Crimean gambling zone have been completed, according to the Crimean minister of economic development.

The auction for casino plots in Primorye failed to take place last week, due to a lack of applications.

The Russian gambling zone of Primorye, which has not been developing as fast as anticipated, is stepping up its efforts to attract more investors as part of an ambitious plan to almost treble visitor numbers by 2025.

Shambala CEO Maxim Smolentsev on Tuesday presented plans for a gambling facility in Primorye during a meeting headed by regional Vice Governor Yevgeny Polyansky, according to state news agency RIA Novosti.

The project was reportedly approved by Polyansky and other officials.

According to the investor, the project was developed by international architectural firm AEDAS, which is behind gambling venues including The Venetian Macao and Marina Bay Sands in Singapore.

Infrastructure work has finally kicked off at Russian gambling zone, Siberian Coin, with the head of the Siberian interregional grid company announcing the construction of an electrical substation.

Craig Ballantyne, chief operating officer of Summit Ascent Holdings is resigning from his current position to take on a new role at Melco International Development Ltd.

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