Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale

Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel operations in Russia. As reported, Oriental sells its wholly-owned subsidiary G1 Entertainment LLC to a Russian entity Dalnevostochniy Aktiv LLC for a price consideration of $116 million. As GGRAsia reports, the acquisition of 100 % of shares of G1 Entertainment would enable the Russian company to control the Tigre de...