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Suncity expects to open soon its new Russian VIP room

The company reported a 15.0% increase in gaming revenues for the year ended 31 December 2019
The company reported a 15.0% increase in gaming revenues for the year ended 31 December 2019

The company will add 30 hotel rooms, a new private club, a new hot pot section in the Pan-Asian restaurant

Russia.- Suncity Group Holdings Ltd is expecting to welcome its first guests to the new Suncity VIP room at Russian integrated resort Tigre de Cristal soon.

“We are excited to announce that the construction of our luxurious new Suncity VIP room at Tigre de Cristal is nearing completion and will welcome VIP guests soon,” said Chairman Alvin Chau.

“We are also excited to apply our extensive experience in the rolling chip business to move up the value chain at Tigre de Cristal and have been rapidly making alterations and improvements to attract and retain our discerning clientele,” Chau, who also became Chairman of Summit Ascent in June 2019, in the company’s 2019 results release,” he added.

Chau also revealed the resort expansion during 2020. Suncity will add approximately 30 hotel rooms, a new private club, a new hot pot section in the Pan-Asian restaurant and a stand-alone noodle bar are being added to the property’s amenities.

According to Inside Asia Gaming, the company reported a 15.0% increase in gaming revenues for the year ended 31 December 2019 on higher rolling chip margins and improved slot revenues.

“We are also proud that the Company managed to post its second consecutive year of profit growth, and our majority-owned operating property maintained positive EBITDA expansion during this period of transition,” Chau said.

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