Russia
Summit Ascent appoints Genting’s David Chua as new CEO
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.
Bookmaker Bet365 sets up shop in Russia
Bookmaker Bet365 has started operations in Russia, with its office managed by Golden Bet LLC. The company is part of the self-regulatory organization the "Association of Bookmakers."
Strong local demand lifts Summit Ascent H2
Summit Ascent Holdings, operator of Tigre De Cristal in Vladivostok said it swung the second half of 2020 to a positive adjusted EBITDA and net profit, thanks mainly to strong local demand.
Russian parliament aims for bigger state cut from lottery profits
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.
Primorye projects saw “major 2020 progress,” officials say
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.
Russian bookmaker ready to accept bets from foreign punters
Russia-based League of Stakes, a bookmaker, has announced that it is ready to accept sports bets from foreigners.
Webmoney halts wallet transactions for Russia poker room accounts
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.
Tigre de Cristal represents Primorye at Moscow exhibition
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.
Russia cracking down on online gambling advertisements
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 seeking Russian construction contractors for Primorye
NagaCorp is reportedly seeking additional assistance from Russian construction companies to build its casino resort in the Primorye gaming zone.
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
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, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.