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Primorsky Krai The New Gambling Hub

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Primorsky Krai, which is located on the border of Russia with China, is calmly waiting for its chance to possibly become a gambling hub to rival Macau’s status. It is already a hub for both developers and gamblers. Several casinos have been built or are nearing completion, and the region is hoping to attract gamblers from Russia, China, Japan, and Korea.

Due to it’s good location, Primorsky Krai offers a much convenient trip than Macau does, which is at least eight hours away for those in northern China or Russia. Gamblers traveling to Primorsky Krai can expect a two- to three-hour trip from the minute they board an airline until dedicated limos whisk them to the casino. Primorsky Krai is bein located in the Primorye Integrated Entertainment Resort Zone, this being one out of five region’s where gambling is legal in Russia.

Tigre de Cristal
The first casino in the zone is Tigre de Cristal. Opened in late 2015 with Phase One of its operations completed, Phase Two is scheduled to open in 2022. The resort currently features a hotel, casino, and spa.

However, by the end of 2018, Tigre de Cristal will have two hotels — one four-star and one five-star luxury hotel for high rollers. In addition, the casino will have 1,300 slot machines, 110 gaming tables, and more than 125 VIP gaming tables for high rollers. A shopping mall, restaurants, additional nightclubs, and more spa space will be added. The total cost is estimated at $1 billion.

While Tigre de Cristal is the first casino in Primorsky Krai, it will be joined by as many as seven. The second casino in the area is currently in the planning and early building stages.

CJSC Shambala
CJSC Shambala was recently given the green light by the Russian government to begin construction of its nearly $150 million investment in the Primorsky Krai region. The new resort is expected to contain nearly 200,000 square feet of gaming and entertainment space.

Plans are to build a 270-room five-star hotel for high rollers, as well as a high-end gaming floor, with 500 slot machines and 50 gaming tables geared toward wealthy gamblers. Interestingly, the Shambala company owned a resort and casino in the Crimean Peninsula until it was closed after the Russian government took over the area in 2014.

At that time, each casino operating in the area was given $100 million for their losses, and the Russian government promised to consider awarding them a casino license in a new area if one became available. It is possible the granting of the license in Primorsky Krai is the fulfillment of that promise.

Naga
NagaCorp has become a major player in the region and has plans to build a casino of its own. First, the company has signed on to create a high-speed railway between Primorye and the northern Chinese city of Mudanjiang, which will allow gamblers to have quick access to the region’s casinos.

The railway is expected to cost the company $12 billion to build. In addition, the company is planning to build a casino in the area. Although plans at this time are still in the beginning stages, the company has projected to build a casino, again geared toward high rollers, that will rival the other casinos in the area either in the operating or planning phases. The company is also building a casino in Phnom Phen, Cambodia, as well. Its goal is to gain a large foothold in Asia.

With many casinos in the area in the planning stages, it is clear that Primorsky Krai is set to aggressively market itself as a gambling hub to rival the high-roller attractions of Macau.

 

 

Source: USAOnlineCasino

 

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights

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Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.

PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.

Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”

Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”

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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years

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As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.

This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.

The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.

Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.

The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.

Event Details:

  • What: Premiere of “Memories of CS:GO – The Early Years”
  • When: March 26th, 2024, at 21:00 CEST
  • Where to watch: Red Bull Gaming’s Youtube Channel
  • The “CS:GO Memories” documentary can be viewed shareit.redbull.com

 

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Ten Square Games ready for a new development opportunities in 2024

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2023 ESPI package

The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)

2023 Consolidated Financial Statement

2023  Management Board Report on Activities

Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements

Link to the stream

Link to the chat with individual investors

Presentation

Factsheet

Financial data

Transcription of the conference and Q&A session

For complete press release visit tensquaregames.com

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