04/29/22 HK Jockey Club CEO elected president of IHSC Winfried Engelbrecht-Bresges will replace Ingmar De Vos, who has served as president since 2019.
04/21/22 Primorye casinos get six-month tax relief extension Authorities in Primorye have passed an amendment to provide a six-month tax relief extension for casino operators.
04/01/22 Sanctions on Russia could affect Melco Cyprus Sanctions could affect the launch of the City of Dreams Mediterranean integrated resort.
03/23/22 Tigre de Cristal Phase II delayed until at least 2025 Summit Ascent Holdings has said that the Tigre de Cristal Phase II development will be postponed until 2025 due to economic uncertainties and travel restrictions related to the Covid-19 pandemic.
03/22/22 South Korean company to develop new casino resort in Russia’s Primorye The Primorsky Territory Development Corporation has revealed that Plgen Holdings has signed an agreement to build a casino resort in the Russian gambling zone.
02/04/22 AGEM Index declined by 45.71 points month-on-month in January Compared to one year ago, the AGEM Index increased by 229.80 points for an annual growth rate of 33 per cent.
11/26/21 Melco Cyprus to more than double staff for launch of Mediterranean IR Melco Cyprus has announced it will increase its workforce by 260 per cent prior to the opening of the City of Dreams Mediterranean integrated resort.
10/26/21 Tigre de Cristal revenue surpasses pre-pandemic levels Summit Ascent Holdings has said that Tigre de Cristal’s revenue has benefited from a shift to the local market.
09/17/21 Primorye casinos get three-month tax break Authorities have granted casinos in Primorye three months of zero taxes to ease the pressure of a low visitor rate.
09/16/21 Tigre de Cristal growth depends on border policies, Summit says Summit Ascent Holdings has said that premium mass and VIP business growth depends heavily on border policies and the arrival of tourists.
09/03/21 Mantera Group to develop US$192m casino resort in Primorye The Primorsky Territory Development Corporation has revealed that Mantera Group has signed an agreement to build a casino resort in the gambling zone.
08/31/21 NagaCorp resumes Primorye casino development with Russian contractors NagaCorp has announced it has resumed its casino development in the Primorye Gambling Zone in Russia.
08/30/21 Russian investor to develop US$142m casino in Primorye An undisclosed company will invest US$142m to develop a casino and entertainment complex in the Primorye Gambling Zone in Russia.
08/25/21 Summit Ascent posts 35% rise in revenue for H1 The Tigre de Cristal operator has posted revenue of HK$129.5m (US$16.6m) for the first half of the year.
