The company will add 30 hotel rooms, a new private club, a new hot pot section in the Pan-Asian restaurant<\/p>\n\n\n\n\n\n\n\n
Russia.- Suncity Group Holdings Ltd<\/em><\/strong> is expecting to welcome its first guests to the new Suncity VIP room at Russian integrated resort Tigre de Cristal soon.<\/p>\n\n\n\n \u201cWe 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,\u201d said Chairman Alvin Chau.<\/p>\n\n\n\n \u201cWe 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,\u201d Chau, who also became Chairman of Summit Ascent in June 2019, in the company\u2019s 2019 results release,\u201d he added.<\/p>\n\n\n\n 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\u2019s amenities.<\/p>\n\n\n\n According to Inside Asia Gaming<\/em>, 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.<\/p>\n\n\n\n \u201cWe 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,\u201d Chau said.<\/p>\n","protected":false},"excerpt":{"rendered":" The company will add 30 hotel rooms, a new private club, a new hot pot section in the Pan-Asian restaurant<\/p>\n","protected":false},"author":2,"featured_media":4830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Suncity Group Holdings Ltd is nearing completion of a new VIP room at Russia's Tigre de Cristal integrated resort and plans further resort expansion in 2020, including additional hotel rooms and F&B outlets. The company reported a 15.0% increase in gaming revenues for 2019, driven by higher rolling chip margins and improved slot revenues, marking its second consecutive year of profit growth.","focusai_entities":"Suncity Group Holdings Ltd, Alvin Chau, Summit Ascent, Inside Asia Gaming, Tigre de Cristal","focusai_location":"Russia","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"VIP Room ROI","query":"What is the projected return on investment for the new Suncity VIP room, considering the capital expenditure and anticipated uplift in rolling chip volume and NGR?"},{"label":"Market Share Impact","query":"How will Suncity's expanded VIP offering and resort amenities impact its market share and competitive positioning within the Russian Far East integrated resort sector?"}],"footnotes":""},"categories":[160,28,16331,158],"tags":[29,2255,1427],"class_list":["post-4825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-casino-news","category-elsewhere-news","category-slider-home","tag-casino","tag-russia","tag-suncity"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4825"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4825\/revisions"}],"predecessor-version":[{"id":777009567,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4825\/revisions\/777009567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4830"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}