• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Mantera Group signs deal for Primorye casino in Russia

Sep 03, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  


Mantera Group signs deal for Primorye casino in Russia

A company called Mantera Group signed on Thursday an agreement (ceremony pictured) to spend RUB14 billion (US$192 million) on a casino resort in Primorye’s Integrated Entertainment Zone (IEZ) near Vladivostok in the Russian Far East. That is according to a press release on the website of the Primorsky Krai Development Corp, the agency overseeing the zone.

Mantera plans to complete the scheme within four years of work starting, which is scheduled to be in 2022, said the release.

Another announcement on the agency’s website said that Hong Kong-listed casino group NagaCorp Ltd had restarted its construction work on a casino resort in Primorye, after completing in August a deal with a Russian contractor.

“The contractor plans to carry out construction in the winter. The next stage of work will be completed next year,” Igor Trofimov, executive director of the Primorsky Krai Development Corp was cited as saying in the latter announcement.

To date, the total amount invested in “Naga Vladivostok” exceeds RUB6.2 billion out of the RUB11 billion planned as part of the construction of the first phase, stated the agency.

Hong Kong-listed Summit Ascent Holdings Ltd runs Tigre de Cristal, the first casino resort to open at Primorye.

The Shambala casino resort – the second to launch in Primorye – received on average 550 guests per day during its first 2.5 months of operations, according to a business update issued in June.

The business update covered the period since the property’s launch on October 16, 2020, up to the end of that year.


  • tweet
Related articles
  • Summit yet to demand payment on overdue interest: Suntrust
    Summit yet to demand payment on overdue...

    Jan 25, 2023  

  • No deal yet on US$6mln bond interest payment: Suntrust
    No deal yet on US$6mln bond interest...

    Jan 20, 2023  

More news
  • Available Macau casino tables busy at tail of CNY hols
    Available Macau casino tables busy at...

    Jan 27, 2023  

  • Macau economy to see double-digit growth in 2023: AMCM
    Macau economy to see double-digit...

    Jan 27, 2023  


Latest News

Available Macau casino tables busy at tail of CNY hols

Available Macau casino tables busy at tail of CNY hols

Jan 27, 2023  

Some Macau casinos visited by GGRAsia on Thursday, actually had tables that were closed, notwithstanding strong consumer demand during Chinese New Year (CNY). The reasons for some tables being...
Read More
Macau economy to see double-digit growth in 2023: AMCM

Macau economy to see double-digit growth in 2023: AMCM

Jan 27, 2023  

Macau, APAC early gainers in China tourist return says Fitch

Macau, APAC early gainers in China tourist return says

Jan 27, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


384,600

Aggregate number of visitors to Macau during the first six days of the Chinese New Year holiday break



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • G2E Asia in-person for Macau in 2023, first time since 2019G2E Asia in-person for Macau in 2023, first time since 2019 January 27, 2023
  • Nearly 70k visitors to Macau on 6th day of CNY breakNearly 70k visitors to Macau on 6th day of CNY break January 27, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us