Thursday, November 26, 2020

Tag: Tigre de Cristal

Tigre de Cristal and Altai Palace temporarily halt gaming operations

Russia Casino Tigre de Cristal and Altai Palace temporarily halt
While casinos in Siberia and the Russian Far East have temporarily closed amid the ongoing coronavirus pandemic, Tigre de Cristal in the Primorye gaming zone is still moving ahead with an expansion plans which will see the addition of further hotel rooms and a new Suncity VIP room.

Lowdown on the Hoedown: Casino scion reduces stake in Summit Ascent

ICR 180 WORLD HOTIGRE ho stake
Lawrence Ho has trimmed his stake in the company that runs the Tigre de Cristal casino resort in Russia's Primorye gaming zone.   In a September regulatory filing, Ho informed the Hong Kong Stock Exchange that he is unloading 8.31 percent of his shares in Summit Ascent Holdings, reducing his direct holding in the company from 27.06 percent to 18.75 percent. Ho...

Illegal operations impinge on Tigre de Cristal

Casino Review - Russia illegal Tigre de Cristal
A spate of illegal gambling operations in Russia has impacted the options of the Tigre de Cristal casino in the country’s Primorye gaming zone.   Illegal gambling operations in the Russian Far East have forced Tigre de Cristal casino in Primorye gaming zone to significantly scale back several of its gaming options. Tigre de Cristal opened its doors in November 2015, the...

Tigre de Cristal set for continued VIP growth in next two years

Casino Review Tigre de Cristal
Macau casino scion’ Lawrence Ho’s venture in Vladivostok looks set to pay dividends, attracting highrollers from across North Asia.   In June, the Tigre de Cristal decided to work with two fixed room junket operators and since then has VIP gaming sector has seen significant growth, according to the casino promoter’s interim report which came out this September. Based on this, analyst...

VIP surge gets Tigre de Cristal into the green

Casino Review Tigre Russia VIP
Fixed-room deals with two junket operators have seen the Tigre de Cristal in Russia’s far east make substantial gains in its VIP revenues.   Half-year financials published by Summit Ascent Holdings – the Lawrence Ho-backed venture behind Russia’s Tigre de Cristal casino – show that its flagship property near Vladivostok enjoyed a massive spike in rolling chip turnover this summer. The company said that...

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