Officials in Russia's far east Primorye gaming zone say CJSC Shambala's new casino will definitely open "this summer" despite COVID-19 resurgence.
Suncity Group's Russian casino Tigre de Cristal to reopen Thursday after local officials lift lockdown imposed in March due to COVID-19.
Russia's far east Primorye gaming zone could see its second casino open in July as final touches are put on Shambala casino project.
Suncity Group Holdings, an offshoot of Asia’s largest casino junket operator, has boosted its stake in Russia’s largest casino operator to a majority position.
Two Russian casinos updated their customers over the weekend, noting that they don’t expect to open until the current pandemic is over.
Russia's casinos close to minimize COVID-19 spread while bookmakers ask government for tax and rates relief as betting volume plummets.
Summit Ascent Holdings, which operates the Tigre de Cristal casino outside Vladivostok, Russia, sees 2019 profit soar on slots and VIP table gains.
Russia's Tigre de Cristal casino's new relationship with junket operator Suncity results in dramatic VIP gambling rebound in first half of 2019.
Summit Ascent looks to raise $38 million with the share placement, and plans to prop up its Russian resorts with the money.
Alvin Chau, who is also the founder of Suncity, is now wearing two chairman hats, one for each of the two entities.