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Arkivji Tag: Primorsky

Russia- Local demand in Russia sees Tigre de Cristal recover quickly

With revenues generated in the Philippines and Vietnam restricted by international travel restrictions, it was left to Tigre de Cristal in Russiato prop up the results of SunCity Holdings. The Russian casino generated a positive Adjusted EBITDA of HK$17.2m in the 1H 2021, versus a negative Adjusted EBITDA of HK$22.1m in the 1H 2020. Net…

Ir-Russja – Irduppjar tat-taxxa fuq il-logħob biex titnaqqas il-fażi li jmiss ta’ Tigre de Cristal

L-operatur tal-Lvant Imbiegħed tar-Russja Summit Ascent x'aktarx li jdewwem il-ftuħ tat-tieni fażi ta 'Tigre de Cristal, il-każinò tiegħu fiż-żona tal-logħob Russa ta' Primorsky minħabba żieda fit-tassazzjoni. Union Gaming Securities Asia temmen li l-EBITDA tal-operatur għall-2018 jista’ jonqos sitta fil-mija jekk il-liġijiet il-ġodda tat-tassazzjoni...

Ir-Russja – Lawrence Ho inaqqas is-sehem f’Tigre de Cristal

Melco Resort’s Lawrence Ho has reduced his shareholding in Summit Ascent Holdings, developer of the Tigre de Cristal casino resort in Russia’s eastern Primorsky gambling zone, sparking speculation that he is freeing up cash to invest in the Philippines. Mr. Ho has offloaded $21.3m worth of shares last week, reducing his share in the Summit…

Russia – Melco Crown yet to confirm Primorye commitment

Despite media outlets across the world reporting it as fact, Melco Crown Entertainment has so far refused to confirm its involvement as a casino operator in the future Russian gaming zone ofPrimorye. Speculation has been intense since Summit Ascent Holdings, a Hong Kong-based company that is 37 per cent owned by Lawrence Ho, the co-chairman…