Archive

_2021-03-21
Officials in the Primorye gambling zone have been on a public relations blitz in recent months, highlighting how projects are now pushing ahead and stressing there is no change in the long-term plans for 12 casino complexes.

_2021-03-18
The Tigre de Cristal hotel and entertainment complex, as part of the delegation of the Primorsky Territory, represented the region at the 27th MITT International Tourism Exhibition in Moscow.

_2021-03-15
NagaCorp is reportedly seeking additional assistance from Russian construction companies to build its casino resort in the Primorye gaming zone.

_2021-03-10
Local Russian officials have announced that the state has already recovered its full investment in funds into the development of the Primorye gaming zone.

_2021-03-04
The Primorye gambling zone saw a 24 percent drop in resort attendance in 2020 due to the pandemic, but authorities are optimistic about the future and have no intention of changing the long-term plans for the hub.

_2021-02-23
Summit Ascent Holdings said that staff in Tigre de Cristal near Vladivostok has started to receive Russia’s self-developed Sputnik V COVID-19 vaccination. 

_2021-02-04
A local media organization carried out an investigation of illegal slot machines operating in Primorye, Russia, which are disguised as payment terminals.

_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

_2016-10-15
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