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Russia: Tigre de Cristal pointing for a 250% of growth in revenues

Published date: 2019-05-23
Russia: Tigre de Cristal pointing for a 250% of growth in revenues

The Tigre de Cristal casino resort expects generate $7.61 billion dollars in 2020 from just VIP operations, this is the 250% of increasement in VIP revenue growth. Forecasts for 2019 are less optimistic with an awaiting amount of $ 2.19 billion dollars.


 

On the other hand, experts say one of the main reasons for such a huge jump is due to the Suncity Group’s recent acquisition of approximately 24.68% equity interest in Summit Ascent Holdings limited, which operates the Tigre de Cristal casino.

Suncity is considered one of the leading companies specializing in attracting clients of the VIP segment offering special offers for high rollers and VIP players.

 

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