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2020-12-02
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.

2020-10-07
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

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

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

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

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

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

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

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A fifth investor in the Primorye gambling zone, Khayna Yunli Company, has reportedly withdrawn from its project and paid a penalty to the local develo

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

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

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

2016-07-31
Primorye Territory Development Corporation CEO Andrey Folomeev has reported total investment in the Primorye special gaming zone amounts to RUB113 bil

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

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

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

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

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

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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