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.
Summit Ascent has appointed former Genting Hong Kong President David Chua as its new Chief Executive Officer for a three-year term, effective from May 1.
The lower house of the Russian parliament is mulling legal revisions which would require lottery operators to provide a much larger cut of the profits to the state tax authorities.
Officials in the Primorye gambling zone have been on a public relations blitz in recent months, highlighting how projects are now pushing ahead and stressing there is no change in the long-term plans for 12 casino complexes.
Russia-based League of Stakes, a bookmaker, has announced that it is ready to accept sports bets from foreigners.