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The ideal location in the center of Northeast Asia of the beautiful European city of Vladivostok makes our value proposition unique. We will have an initial monopoly on gaming in the Russian Far East, and will attract tourists from Korea, Japan, and Northeast China for the foreseeable future. That combined with the lowest effective gaming tax regime in the world, a tax exemption on non-gaming revenue until 2020, underutilized infrastructure, strengthening ties between Russia and China and our first mover advantage provides us with an opportunity to deliver a strong Return on Invested Capital to investors in our company.

Phase I of our project, known as ‘TIGRE DE CRISTAL”, held its grand opening on November 11th, 2015.  The integrated resort is comprised of gaming area with 35 VIP gaming tables, 33 mass market gaming tables, and 321 slot machines.  Casual and fine dining restaurants, bars, a gym and spa, and a 121 room hotel. Total CAPEX was approximately USD$172mln.

Phase II of our project will be much grander in scale and is expected to have 100 VIP gaming tables, 70 mass market gaming tables, 500 slot machines, a shopping mall, F&B outlets, a spa center, night club, auditorium and conference facilities and 500 total hotel rooms. Total expected CAPEX USD$500mln.