The casino operator doesn’t want to rely on Suncity Group to supply high-rollers to the Russian casino.
The casino continues to be one of my favored long term holds in the gambling industry, and I see no reason why that should change any time soon.
The Tigre de Cristal casino in Russia's far east Primorye gaming zone loses $11.5m in H1 2020 as COVID-19 keeps international high rollers away.
Summit Ascent Holdings, which operates the Tigre de Cristal casino outside Vladivostok, Russia, sees 2019 profit soar on slots and VIP table gains.
Feeling queasy? Goosebumps? Not sure where the world is heading? At least you’re still alive. That’s a good thing.