Industry
May 19, 2023
Japan: Summit Ascent Plans Development of Luxury Hotel in Okinawa
Integrated resorts (IRs) offering casino gambling, hotel accommodation and amenities such as fine dining and entertainment options are proven to bring economic stimulus. Currently, most forms of gambling in Japan are banned, but an in effort to boost tourism, lawmakers have recently greenlighted a plan for an integrated resort, with casino gambling in Osaka. The […]
Casino
March 24, 2022
Summit Ascent Halts Tigre de Cristal Phase II Development for Now
Summit Ascent Holdings has issued a second statement about the Tigre de Cristal resort based in Vladivostok, Russia as the war in Ukraine unfolds. The Hong Kong-listed company said that it would now postpone Phase II of its development efforts in the property. The company revealed a strong increase in its financial results with a […]
Casino
March 17, 2022
Summit Ascent Shows Confidence in Tigre de Cristal Operations
As the world seeks to cut ties with Russian entities, the Hong Kong-listed Summit Ascent Holdings is confident that Tigre de Cristal Casino in Vladivostok may emerge even stronger. Tigre de Cristal Casino Expected to Emerge Stronger The company, which operates the casino, has been keeping a close eye on the unfolding situation with the […]