Tigre de Cristal yields $8 million in tax

Tigre de Cristal, operated by Summit Ascent Holdings has reportedly yielded nearly RUB 500 million ($8 million) in tax revenues and payments in its first year of operations, local media reports.

“G1 Entertainment, a resident company of the Primorye integrated entertainment resort, launched the work of its first facility, Tigre de Cristal, in October 2015. According to information of the Primorye Territory Tourism Department, the work of the first casino has yielded almost half a billion rubles for the state in tax deductions and payments to extra-budgetary funds. The organization also said that over 190,000 guests have visited the hotel-casino compound since the beginning of 2016,” said the regional administration in a statement.