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Yantarnaya gambling zone to hold land auctions

Authorities in Russia's northernmost region of Kaliningrad have given the approval to hold land auctions for about 80 hectares of the Yantarnaya gambling zone,...

Alvin Chau named chairman of Summit Ascent Holdings

Suncity chairman Alvin Chau Cheok Wa has been appointed as the non-executive director and chairman of Summit Ascent Holdings Limited, with effect June 1,...

Primorsky authorities, investors outline plans for gambling zone

The Primorsky Krai Development Corporation and local investors outlined plans for the Primorye gambling zone during G2E Asia 2019, which was held last week....

Magic Crystal slot parlor gets nod for expansion

Russian slot machine parlor Magic Crystal, located in Russia's westernmost Kaliningrad Region, has been granted approval from authorities to expand its venue by 1,100...

Suncity ups stake in Summit Ascent to almost 28 percent

Suncity Group Holdings has bought a further 24.68 percent stake in Summit Ascent Holdings for HK$717.8 million ($91.5 million) as it seeks to build an “integrated tourism-related platform.”

Summit Ascent deputy chair resigns

Summit Ascent said its executive director and deputy chairman John Wang has resigned to pursue other business interests with effect from April 12.

First Steamship mulling Summit Ascent stake sale

First Steamship Co. is considering an approach to buy its entire stake in Summit Ascent Holdings, saying a potential gain would help boost the group’s earnings.

Summit Ascent main shareholders mull share disposal

Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...

Korean firms eye Primorye zone

Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existing...

Summit Ascent VIP has potential to nearly double by 2020: Union Gaming

Summit Ascent Holdings, which operates the Tigre de Cristal property in the Primorye gaming zone in Russia, has the potential to almost double its...

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