Tag Archives: Primorski
Russia- Local demand in Russia sees Tigre de Cristal recover quickly
With revenues generated in the Philippines and Vietnam restricted by international travel restrictions, it was left to Tigre de Cristal in Russiato prop up the results of SunCity Holdings. The Russian casino generated a positive Adjusted EBITDA of HK$17.2m in the 1H 2021, versus a negative Adjusted EBITDA of HK$22.1m in the 1H 2020. Net…
Rusland – Verdubbeling van de kansspelbelasting om de volgende fase van Tigre de Cristal te vertragen
De Russische exploitant Summit Ascent uit het Verre Oosten zal waarschijnlijk de opening van de tweede fase van Tigre de Cristal, het casino in de Russische gokzone Primorski, uitstellen vanwege een verhoging van de belastingen. Union Gaming Securities Asia gelooft dat de EBITDA van de operator voor 2018 met zes procent zou kunnen dalen als de nieuwe belastingwetten...
Rusland – Lawrence Ho vermindert het aandelenbelang in Tigre de Cristal
Melco Resort’s Lawrence Ho has reduced his shareholding in Summit Ascent Holdings, developer of the Tigre de Cristal casino resort in Russia’s eastern Primorsky gambling zone, sparking speculation that he is freeing up cash to invest in the Philippines. Mr. Ho has offloaded $21.3m worth of shares last week, reducing his share in the Summit…
Russia – Melco Crown yet to confirm Primorye commitment
Despite media outlets across the world reporting it as fact, Melco Crown Entertainment has so far refused to confirm its involvement as a casino operator in the future Russian gaming zone ofPrimorye. Speculation has been intense since Summit Ascent Holdings, a Hong Kong-based company that is 37 per cent owned by Lawrence Ho, the co-chairman…
