Friday, March 29, 2019

Russia

Korean firms eye Primorye zone

Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existing...

Summit Ascent VIP has potential to nearly double by 2020: Union Gaming

Summit Ascent Holdings, which operates the Tigre de Cristal property in the Primorye gaming zone in Russia, has the potential to almost double its...

Diamond Fortune partners with Japanese company for Primorye

Diamond Fortune has partnered with a Japanese company, Simple Create Co. Ltd, on its Imperial hotel complex, one of the largest projects in the...

Russian bookies took US$18 billion in bets in 2018

Russian bookmakers recorded approximately RUB1.2 trillion (US$18 billion) in bets in 2018, according to local media.The figure is understood to apply to not only...

Buryatia wants to be Russia’s next gambling zone

Russa’s southern region of Buryatia has taken steps to become the country’s next authorized gambling zone, local media reports.During a meeting of the local...

S. Korean company plans Primoyre golf course

South Korean company Dongnam Industry is planning to invest about $30 million into the construction of a golf course in the Primorye gambling zone.The...

Second Sochi casino begins operation

The second casino in the Krasnaya Polyana gambling zone has opened its doors, just days after the closure of rivaling zone Azov-City.The Boomerang...

Azov-City shuts its doors for good

Russian first gambling zone, Azov-City officially closed its doors on December 29 after eight years of existence, local media reports.Days before its closure,...

Tigre de Cristal 9-month net profit gains

The first and only functioning casino in Russia's Primorye gambling zone - Tigre de Cristal - has increased its net profit in the first 9 months of 2018 and its investor is now ready to spend $500 million on the construction of its second stage, according to the Primorye Territory Corporation.

Only 3 banks blocking foreign online transactions

Three major Russian banks - Sberbank, VTB and Tinkoff bank - have confirmed that they are observing new legislation prohibiting banks from processing transactions for foreign bookmakers, casinos and totes.

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