Industry news
Reporting on the news of the Primorye gambling resort, we mentioned that the only functional casino of the region, Tigre de Cristal, changed the main owner. Summit Ascent Holdings Ltd purchased 30% of shares from Melco International Development (MID Ltd). The deal was estimated at $250 million. Later, it was revealed that the new main investor of Tigre de Cristal changed the top executive. The position of chairman was taken by Kuo Jen Hao, known as the head of the...
Smartchlane Ethereum has installed SmartBox slot machine, its new blockchain-based product, in one of the land-based casinos. The slot machine uses the Ethereum platform and its mining system instead of the random number generator and standard software. According to the developers of the slot machine, it accepts cash and converts it into RLT tokens (coins released by the company). Interestingly, players receive 0.5% of every bet amount back as a bonus. The system allows active players to gain income (in...
A second gambling establishment opening in the integrated entertainment resort Primorye is scheduled for December 2018. It will be Sun Casino & Resort, one of the 3 autonomous gambling and hotel facilities owned by Selena World Resort & Casino, supported by investments of Diamond Fortune Holdings in the Primorye region. Two other objects that are part of Selena World (Golden Gate and Moon Gate) will move to an active stage of construction in 2018. Naga Vladivostok project is now being...
The integrated entertainment resort Krasnaya Polyana now has a second gambling services establishment. The slot machine hall, called Bonus, will become an affordable alternative to the elite Sochi Casino. A gambling zone resident is convinced that such a quick and simple format of gambling as slot machines will attract even more visitors and help the resort to reach its wanted mark of 430 thousand guests a year. More than 300 thousand people visited it in the first year of its...
Russian Ministry of Finance members, representatives of three bookmaker SROs and the Chamber of Commerce and Industry of the Russian Federation Subcommittee on Gambling prepared and submitted for public review a working version of a bill designed to fight fixed matches in professional sports. The document includes definitions of unusual and suspicious bets, as well as a list of actions to be taken by a bookmaker if he receives information about such betting. The bill will be on public discussion...
