Tag Archives: firich enterprises co
- Lawrence Ho-led firm raises stake in Russia casino project; Crimea not a rosy gambling town; Russia gov’t criminalizes illegal gambling
December 16, 2014
The Lawrence Ho-backed Summit Ascent Holdings Ltd and Taiwan-listed electronic gambling machine maker Firich Enterprises have confirmed previously announced plans to increase their stake in a casino project in Russia. The Summit-Firich consortium will raise its ownership stake on the project to 85 percent after coming to an agreement with...
- Melcolot and Firich Enterprises plan Georgian casino as Sochi bides its time
November 26, 2014
Hong Kong-listed lottery firm Melcolot is selling a $50m stake in a Georgian casino project to Taiwanese gaming device maker Firich Enterprises Co. (FEC). Melco, an offshoot of Melco International Development, controls a ‘special purpose vehicle’ named Express Wealth Enterprise that holds a 15-year casino license in the former Soviet...
- Lawrence Ho’s Russian joint venture adds partner, deals with angry Russian wife
August 26, 2013
Lawrence Ho’s planned casino in Russia’s Primorye region has added a new joint venture partner while fending off a legal claim by a disgruntled wife of one of Ho’s Russian partners. Ho, the chairman of Hong Kong-listed Melco International Development and a veteran of the Macau casino game via the...
Russian betting industry icon Oleg Zhuravsky dies suddenly
March 17, 2017
Melco-Hard Rock to open Cyprus gaming venues this summer
April 24, 2017
Melco-Hard Rock temporary Cyprus casino to open in 2017
November 17, 2016