04/09/25 Primorye gambling zone visitor numbers rise in 2024 The Russian gambling zone received 763,180 visitors in 2024.
07/10/24 LET Group calls meeting on sale of Tigre de Cristal casino A previous sale agreement fell through.
01/22/24 Suntrust unsure of Tigre de Cristal sale impact Suntrust Resort Holdings said it is unable to assess the impact of the sale.
01/19/24 Summit sells Crystal Tiger licence due to Russia-Ukraine conflict Summit Ascent has confirmed the US$116m sale of G1 Entertainment, the Tigre de Cristal casino licence holder, citing uncertainties from the Russia-Ukraine conflict.
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.
03/16/22 Summit Ascent expects to post 26% increase in revenue for 2021 Summit Ascent Holdings has announced it expects to record an increase in revenue and adjusted EBITDA of nearly HK$40.9m (US$5.2m) for the year ended December 31.
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.
09/16/21 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.
04/23/21 Tigre de Cristal Phase II opening delayed until 2023 Tigre de Cristal Phase II was set to open in 2022 but Summit Ascent has postponed the target launch to 2023.
01/14/21 Summit Ascent seeks direct VIP model in Russia The gaming operator is said to be planning a more direct approach at Tigre de Cristal instead of relying on the controlling partner, Suncity Group.
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.”
