Locals seeking staycations are likely to provide strong support for Summit Ascent in the short term until international travel resumes, Citic Securities analysts wrote in a note.
The second casino in Russia's Primorye gambling zone, the Shambala casino, is preparing for a grand opening and is already operating in a soft-launch
Russian President Vladimir Putin has signed a bill into law that will require casino operators to step up their identification of patrons in a bid to improve tax revenue.
Kung Volleyball, ping pong and Tajikistan football leagues are just some of the exotic sports that saw wagering action during the pandemic shutdowns, though now regular events are opening up, operators are noting a big swing back to old favourites.
Summit Ascent Holdings has reported a HK$47 million (US$6.1 million) loss for the first half of 2020. The previous year, there had been a HK$42.8 mill
Summit Ascent Holdings issued a profit warning and Q1 financial results on Tuesday, in coordination with a Suncity Group circular confirming their int
The concept of a casino and entertainment hub in Russia’s Far East will take a further step towards fruition this summer with the expected opening
The Primorye Development Corp. has reiterated that Russia’s largest IR to date will open imminently, but that no specific date has been set.
The concept of a casino and entertainment hub in Russia’s Far East will take a further step towards fruition this summer with the expected opening of the Shambhala Casino.
The Shambala casino in Russia’s Primorye gambling zone is planning to open in the next few months, becoming the second IR in the region, according to a statement from the Primorye Territory Development Corporation.
Russia has approved legislation that will significantly overhaul its sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants.
The legislative assembly in Russia's Primorye has temporarily lowered taxes for Tigre de Cristal as a relief measure over the Covid-19 outbreak, a loc
Summit Ascent Holdings has announced that the governor of Primorsky Krai granted permission for Tigre de Cristal, owned by the group’s subsidiary in
Uzbekistan is expected to be the next nation in the Commonwealth of Independent States to legalize some forms of gambling, while Ukraine’s draft law opening up its market is due to have its second reading this month, creating new opportunities in Eastern...
The second casino in the Primorye gambling zone is expected to open in the summer of 2020, according to Russia’s Far East Investment and Export Agen
The Suncity Group explained in a June 1 filing to the Hong Kong Stock Exchange that it is aiming to take a 70 percent interest in Summit Ascent and ma
A new investor in Russia’s Altai Territory intends to go ahead with plans to construct a RUB3.5 billion casino, to open by 2024, according to state
The casinos in Russia's Primorye and Siberia zones have extended their operational suspensions for an indefinite period of time amid the Covid-19 outbreak.
With Moscow and other Russian regions gradually imposing a lockdown amid the coronavirus outbreak, casinos across all Russian gambling zones have susp
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