Friday, September 24, 2021
Summit Ascent's Tigre de Cristal

Summit Ascent interim report shows optimism for the next year

Tigre De Cristal operator Summit Ascent Holdings said the firm’s operating expenses are currently being sustained by local mass and slots business, though growth in premium mass will depend on border policies. 

Primorye casinos given three-month tax break

Casinos in the Primorye gambling zone have been able to enjoy three months of zero taxes in 2021 in order to alleviate the strain of low visitation.

Primorye says Mantera Group to build $192m casino

The Primorye Territory Development Corp. said Russia's Mantera Group has signed an accord to build a $192 million integrated resort in the Russian gambling hub.
NagaCorp, primorye construction

NagaCorp resumes Primorye construction, selects Russian contractors

NagaCorp. has resumed construction of an 11-storey hotel and entertainment complex Naga Vladivostok in the territory of the Primorye gambling zone.
Primorye complex

Major Russian investor to build $142m complex in Primorye

A "major Russian investor" has agreed to spend at least $142 million to build a casino and entertainment complex in the Primorye gambling zone.

Summit Ascent H1 buoyed by local pivot

Summit Ascent posted a 35% gain in 1H21 revenue as it pivoted its business to focus on the domestic Russian market to offset the impact of Covid.
russia, online gambling

Russia tightens grip on online gambling

The Russian authorities are continuing their campaign to tighten their grip on online gambling, including a new law which will facilitate a crackdown on payment services.
Shambala casino

Shambala average check per game $116 in 2020

The Shambala Casino, the second to open in Russia's Primorye gaming zone, has provided an analysis of its guest profiles for its first 2.5 months of operation, saying the average check per game in 2020 had been RUB8,439 ($116).

Summit Ascent says Tigre de Cristal Phase II delayed to 2023

Summit Ascent said the opening of the second phase of its Tigre de Cristal Resort in Russia's Primorye gambling zone has been pushed back by a year to 2023 due to delays caused by Covid.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, South Korea and the Russian Far East have fared.