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Suncity aims to make Summit Ascent into a subsidiary

The Suncity Group explained in a June 1 filing to the Hong Kong Stock Exchange that it is aiming to take a 70 percent...

New casino investor in Altai gambling zone

A new investor in Russia’s Altai Territory intends to go ahead with plans to construct a RUB3.5 billion casino, to open by 2024, according...

Russia casinos extend lockdown indefinitely

The casinos in Russia's Primorye and Siberia zones have extended their operational suspensions for an indefinite period of time amid the Covid-19 outbreak.

Russia suspends operations of remaining casinos

With Moscow and other Russian regions gradually imposing a lockdown amid the coronavirus outbreak, casinos across all Russian gambling zones have suspended operations. Russian President...

Summit Ascent suspends operations at Tigre de Cristal

Summit Ascent announced to the Hong Kong Stock Exchange on Friday that it was suspending its gaming operations at Tigre de Cristal in Primorye...

Covid-19 turns out lights in most of Asia’s casinos

From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

Primorye project seen moving ahead despite crisis

The Primorsky Krai Development Corp (PKDC), which is responsible for management of the Primorye gaming zone, expects a key project to move ahead in May this year, despite the outbreak of the coronavirus and remains upbeat about the region’s longer-term prospects.

Olga Sun-jayu

General director of the Primorsky Krai Development Corp., which is responsible for overseeing the development of the Primorye gaming zone in Russia's Far East.

Summit Ascent executive director quits due to strategic differences

Summit Ascent, the operator of the Tigre de Cristal in the Russian Far East, said its CEO Eric Landheer has quit the company due to differences of opinion with the board over strategic business development.

Shambhala casino to open in May

The Primorye Territory Development Corporation has confirmed that the second gambling facility in the gambling zone will be opened by May, with the investor...

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