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Tigre de Cristal claims illegal business is hurting

Local media reported that the Tigre de Crystal Casino on Lake Lawrence in Siberia, Russia, has been forced to drastically lower the number of major casinos due to illegal gambling operations in the region that compete unfairly with casinos. Craig Valentine, director of casino operator G1 Entertainment, said the cuts would apply to all parts of casino operations, including poker, table games and slots.

Tigre de Cristal was the first casino in the united entertainment district of Primorsky Krai established for the industry by the government after closing thousands of illegal casinos and closing thousands of casinos, and opened  with a grand ceremony.

The resort generated more than $8 million in taxes during its first year, prompting G1 Entertainment to invest an additional $500 million in expansion projects. However, Valentine explains that the current casino has not been able to attract visitors from the main floor sector, despite all the efforts.

Originally, the casino started with 651 slot machines and 67 tables, but will now reduce that number to 55 tables and 319 slots, while discarding the table poker proposal altogether. The number of slots has been lowered to 477 after attendance previously failed to meet "early expectations." Casino responded by launching a marketing campaign , and reportedly failed to drive attendance or revenue.

Valentine cites illegal gambling operations that negatively affect legitimate businesses in Primorsky Krai. He says game rooms can be found in commercial businesses and private apartments, and slot halls are disguised as Internet cafes. According to him, there are at least eight illegal poker clubs in Vladivostok, which confirm that they are interested, but show little support from legitimate poker clubs, forcing them to temporarily remove all the Texas Hold M tables to prevent losses. Unsanctioned poker rooms advertise publicly on social media, which Valentine says will be of great concern to local authorities.
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Sunday, September 10, 2023

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