The Shambala Casino, the second to open in Russia's Primorye gaming zone, has provided an analysis of its guest profiles for its first 2.5 months of operation, saying the average check per game in 2020 had been RUB8,439 ($116).
Officials in the Primorye gambling zone have been on a public relations blitz in recent months, highlighting how projects are now pushing ahead and stressing there is no change in the long-term plans for 12 casino complexes.
The Tigre de Cristal hotel and entertainment complex, as part of the delegation of the Primorsky Territory, represented the region at the 27th MITT International Tourism Exhibition in Moscow.
NagaCorp is reportedly seeking additional assistance from Russian construction companies to build its casino resort in the Primorye gaming zone.
Local Russian officials have announced that the state has already recovered its full investment in funds into the development of the Primorye gaming zone.
The Primorye gambling zone saw a 24 percent drop in resort attendance in 2020 due to the pandemic, but authorities are optimistic about the future and have no intention of changing the long-term plans for the hub.
Summit Ascent Holdings said that staff in Tigre de Cristal near Vladivostok has started to receive Russia’s self-developed Sputnik V COVID-19 vaccination.
A local media organization carried out an investigation of illegal slot machines operating in Primorye, Russia, which are disguised as payment terminals.
Locals seeking staycations are likely to provide strong support for Summit Ascent in the short term until international travel resumes, Citic Securities analysts wrote in a note.
Brokerage house Credit Suisse has initiated coverage of Summit Ascent Holdings, giving the firm a strong vote of confidence due to the backing of major shareholder Suncity Group, with gross gambling revenue projected to surge 349 percent next year.