May 20, 2021
In the Philippines and the operator behind the Resorts World Manila property has reportedly released its first-quarter financial results showing a net deficit of about $23 million owing to the impacts of the coronavirus pandemic.
According to a report from Inside Asian Gaming, the revelation from Travellers International Hotel Group Incorporated comes after the firm’s Alliance Global Group Incorporated and Genting Hong Kong Limited parents de-listed the entity from the Manila bourse in October of 2019. The source also detailed that the company’s financials have been released as all casinos in the Philippines’ largest city remain closed due to a strict quarantine that was brought in from March 29.