Tiger moves, eyes parent company home base


Russian-based company G1 Entertainment LLC has applied for registration of the Tigre de Cristal brand in Macau, an announcement in the Official Gazette revealed yesterday.
The application comprises a series of services covering gaming and the entertainment industry.
In particular, these include the provision of casino facilities, gaming services, gaming services online, organisation of lotteries, rental of gaming equipment, and amusement park and recreational facilities.
Tigre de Cristal is an Integrated Resort located in the Integrated Entertainment Zone of the Primorye Region in the Russian Far East, operated by Summit Ascent Holdings Limited, a subsidiary of Melco International. Both companies are owned and operated by Lawrence Ho Yau Lung, Chairman and CEO of Melco Resorts & Entertainment.
G1 Entertainment LLC – formerly known as First Gambling Company of the East LLC –was involved in the development of the casino-resort and is a majority-owned subsidiary of Summit Ascent.
Yesterday, Melco International announced that its Chief Operating Officer of Russian Operations, Craig Robertson Ballantyne, has resigned his position in Summit Ascent, and was joining Melco, although the company did not specify which position he will assume.