The Tigre de Cristal casino in Russia’s far east Primorye gaming zone is ditching VIPs in favor of a more modest class of high roller.

On Friday, the Hong Kong-listed Summit Ascent Holdings, which holds a controlling stake in Tigre de Cristal, released its financial results for the six months ending June 30. Revenue improved a modest 2% year-on-year to HK$207.8m (US$26.5m) but adjusted earnings improved 17% to HK$66.8m and profit swung to HK$2.6m from a loss of HK$5.4m in H1 2017.

Once again, it’s time to explain the tangled web of Tigre de Cristal’s operations: Summit Ascent holds a 60% stake in the casino’s actual owner Oriental Regent Ltd, while the casino’s operations are handled by Summit’s wholly owned subsidiary G1 Entertainment, which earns a management fee of 3% of the property’s gross gaming revenue.

The casino’s VIP gambling turnover fell 22.5% year-on-year to HK$6.5b in H1, while VIP gross win fell 38.2% to HK$189m as win rate fell 0.74 points to 2.9%. After deducting VIP rebates, net VIP win was down 44.5% to HK$41m. It’s worth noting that the casino’s average number of VIP tables fell to 12 from 16 in H1 2017.