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Korean firms eye Primorye zone

2019-03-22

Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existin

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Shambala unveils Primorye plans as land auctions resume

2018-07-13

Russia’s Primorye entertainment zone has just held a new round of bidding for land plots, attracting a major investor with plans for a 16,000-square

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Ensuring a stable business environment a priority: Promoter govt

2018-02-28

The Primoyre government confirmed it will not double gambling taxes and said it plans to soon hold new auctions for vacant land plots. The bill was pa

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Russia does u-turn on casino tax collection

2018-01-02

Russia’s parliament has pushed through a law that will exempt casinos from the need to deduct taxes from their clients’ winnings. The law was sign

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Lawrence Ho divests Summit Ascent stake

2017-12-17

Lawrence Ho said he is selling off his entire stake in Summit Ascent Holdings, shortly after the Russian government announced changes that could poten

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NagaCorp moves forward with Primorye development

2017-04-18

Cambodian casino operator NagaCorp is nearing the stage of laying the foundation for the Mayak entertainment complex in the Primorye gaming zone, acco

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Russian investor opts out of Primorye

2017-04-18

A fifth investor in the Primorye gambling zone, Khayna Yunli Company, has reportedly withdrawn from its project and paid a penalty to the local develo

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Naga eyes 2019 debut for Russia project

2017-03-16

Hong Kong-listed NagaCorp said its IR project in Vladivostok, Russia, remains “broadly on schedule for operation by 2019.” In a commentary in its

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Chinese company to build resort in Primorye

2016-10-26

A Chinese company, Chongqing Tianci Hot Springs, plans to build a resort in Primorye in Russia's Far East, according to regional authorities in a stat

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NagaCorp to begin construction of Primorye resort

2016-10-15

Cambodian casino operator NagaCorp will start construction of its first gaming facility in the Primorye gambling zone in Russia's Far East in November

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Primorye sees $1.7 billion in total investment

2016-07-31

Primorye Territory Development Corporation CEO Andrey Folomeev has reported total investment in the Primorye special gaming zone amounts to RUB113 bil

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Tax revenues in Primorye to hit RUB165 million in 2016

2016-05-31

Russian authorities are expecting tax revenue at the Primorye Integrated Entertainment Zone to reach RUB165 million (US$2.5 million) in 2016, and 700

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Diamond Fortune reveals plans for Selena World Resort, located in Primorye zone

2016-03-07

 Russian-casino developer Diamond Fortune unveiled its plans for its US$900 million Selena World Resort to the Primorsky Territory Administration las

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Half of all Tigre Casino’s visitors are from Asia, John Wang says

2016-01-18

John Wang, CEO of First Gambling Company, told Russian news agency Prima Media that over 50 percent of Tigre De Cristal’s casino visitors since open

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Fifth investor in the Primoryre gaming zone revealed

2016-01-18

A new - fifth - investor in the Primorye gaming zone has been finally revealed in the protocol of the Russian Corporation for Development of the Far E

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Primorye sets new conditions for future investors

2015-11-24

Future investors in the Primorye gambling zone in Russia’s Far East will need to make a special contribution worth about 1.5 billion roubles ($23 mi

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Oriental Regent to buy nearly $200,000-worth of gaming products from Dolphin

2015-11-22

Dolphin Products and Oriental Regent have entered into an agreement for the latter to purchase “Additional Gaming Products” from Dolphin for a cas

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Russian authorities to introduce new conditions for investors

2015-10-25

In a bid to speed up the construction of the Primorye gaming zone, Russian authorities have decided to introduce new conditions for investors, local m

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First casino at Primorye opening date delayed

2015-09-01

The launch of the first casino at Primorye gaming zone, which was set to open on September 1, has been postponed yet again due to "slow construction w

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