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Tag Archives: Summit Ascent

Russia – Tigre de Cristal reports a loss in its first full quarter

Tigre de Cristal, the first casino resort to open in the gaming zone of Primorsky Krai , close to the Russian Far East city of Vladivostok, has posted its first full quarter of results, generating a loss of HK$85.4m (US$11m) and EBIDTA of HKD14.3m (US$1.8m) for the quarter to December 31. Having opened on October…

Russia – Summit Ascent and Melco confirm Russian resort is ‘nearing completion’

Summit Ascent Holdings has said that the construction of its casino resort in the Integrated Entertainment Zone of the Primorye Region, near Vladivostok, is ‘nearing completion.’ The opening of the casino resort, which will have 119 hotel rooms, 800 slot machines, 25 VIP gaming tables, 15 mass-market baccarat tables and 25 mass-market tables, has been…