12/16/20 Igaming operator exits Russia ahead of potential betting tax VulkanBet will stop operating in Russia and concentrate on markets with “loyal conditions.”
11/22/20 Russian legislators to vote on single gambling regulator A committee has approved a bill that will be presented to legislators before the end of the year.
11/18/20 Shambala casino to add poker club The casino believes there’s an opportunity in the number of Russian players in major poker tournaments around the world.
11/01/20 Tigre de Cristal Phase II underway The company said the casino was already profitable in Q3 of 2020, and that the Phase II “is well underway.”
10/15/20 Russia’s Shambala casino to open on Friday After a soft launch last month, the casino in Primorye is ready to officially open on Friday.
10/07/20 Shambala casino makes soft launch The new casino venue in the Russian region of Primorye is up and running.
08/26/20 Summit Ascent posts 63% drop in revenue The Tigre de Cristal operator has posted losses of HK$47 million (US$6 million) for the first half.
08/18/20 Russian casino Shambhala to create 500 jobs The opening of the new casino in the Primorye area is expected to create 500 new jobs.
08/11/20 Shambhala resort to open soon Russia’s largest integrated resort will open imminently in Primorsky.
07/24/20 Russia imposes new tax on sports betting The new tax will apply to operators who offer betting on overseas events. Bookmakers will also have to choose between a sports betting or tote licence.
06/11/20 Russia’s second far east casino to open in July The Shambhala complex has finished construction and is expected to open in the summer.
06/03/20 Suncity Group increases stake in Summit Ascent The Hong Kong-based holding has invested around US$160 million in the owner of Russia’s Tigre de Cristal casino resort.
04/07/20 Russia extends casino closure period All gambling location will remain closed indefinitely as Russia ramps up efforts to combat Covid-19.
03/31/20 Russia shuts all casinos Country is the latest to close down its land-based gambling as part of Coronavirus relief efforts.
03/24/20 Suncity expects to open soon its new Russian VIP room The company will add 30 hotel rooms, a new private club, a new hot pot section in the Pan-Asian restaurant
