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.
On March 16, the popular payment system Webmoney stopped conducting the transactions of Russian wallet owners when replenishing or withdrawing funds from poker room accounts. All gambling operators operating outside Russia are subject to the restriction.
The Tigre de Cristal hotel and entertainment complex, as part of the delegation of the Primorsky Territory, represented the region at the 27th MITT International Tourism Exhibition in Moscow.
The Russian government is beginning to oblige owners of online social networks and other platforms to monitor their services and exclude illegal online gambling advertisements. Sites that do not comply may be blocked.
NagaCorp is reportedly seeking additional assistance from Russian construction companies to build its casino resort in the Primorye gaming zone.