Tag Archives: Russia
Russia – Russian entity looks to take control of Tigre de Cristal
A Russia company called Dalnevostochniy Aktiv is reportedly close to purchasing a controlling share in Tigre de Cristal, the leading casino in Russia’s Far East near Vladivostok in the Primorye Integrated Entertainment Zone. The deal, which will cost $116m, was revealed on the Taiwan Stock Exchange by Firich Investment who owns 20 per cent of the shares…
Russia – Asia-Invest gets building permit to start new casino build in Primorsky
Asia-invest Group is set to start the build of a new casino resort in Russia’s Primorsky gambling zone in September with a view to complete 23 months later. Phase 1 will include an eight-storey complex with 80 hotel rooms and a casino offering 30 gaming tables and 200 slots. The news was confirmed by the…
Russia – Putin’s cyberchampionship to exclude CS:GO
According to multiple news outlets, Russian President Vladimir Putin has sanctioned the creation of an esports annual tournament. The competition is said to feature popular Russian titles such as World Of Tanks, a game from the World Of War series, along with other domestic hits. However, games like Valve’s Counter-Strike will be excluded from consideration due to…
Ukraine – Parimatch completes franchise withdrawal from Russia
After completing all necessary legal proceedings and technical aspects, the Parimatch franchise has left the Russian market for good. Ultimately this means that Russia has been unplugged from Parimatch’s software and the brand cannot be used on any platforms or in any format. “The war that Russia started against the Ukrainian people and state made…
Russia – BETER terminates all contracts with Russia
Next-gen gaming provider BETER has announced it is terminating co-operation with all Russia-based business partners. Given the status of war between Ukraine and Russia, BETER’s senior management now considers the wider BETER global community as morally unable to continue doing business with a country that is an aggressor nation for many of BETER’s partners and…
Russia – NagaCorp suspends development of its Vladivostok casino project
Cambodia-based casino group NagaCorp has announced the ‘indefinite suspension’ of its huge casino project in the Entertainment Zone of the Primorye Region near the port of Vladivostok in Russia’s Far East. The resort was being built in three phases, with the first phase which saw an investment of up to US$200m breaking ground five years…
Russia – Parimatch Russia appoints Dmitry Sergeev
Parimatch Russia has announced the appointment of Dmitry Sergeev as the franchise-based partner of Parimatch Tech targets expansion across the CIS and Eastern European regions. Formerly CEO of Parimatch CIS, Mr. Sergeev will be tasked with developing the brand in Russia, as well as taking charge of Parimatch Tech’s franchise implementation as Parimatch Russia separates…
Russia – C&C/Austria and MSFG International complete IGT install at Altai Palace Casino
C&C/Austria, in cooperation with MSFG International, has delivered IGT machines to Altai Palace Casino in the Sibirskaya Moneta gaming zone, via Austria, Hungary, Poland, Belarus and the Russian Federation, covering a distance of 6,146 km. Thanks to many years of cooperation, despite the pandemic and the impossibility of traveling, a sales contract was concluded with…
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…
