Travellers International Hotel Group, Inc., the joint venture between Philippine-listed Alliance Global Group, Inc. (AGI) and Genting Hong Kong Limited, will continue the construction of the Westside City casino resort in early 2019, to meet a scheduled 2021 opening. The planned resort, located in Entertainment City in Parañaque, Metro Manila, had previously been set for […]
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  Saipan casino operator Imperial Pacific International (IPI) is temporarily closing its venue after a tropical storm damaged the island’s international airport. In late October, Super Typhoon Yutu hit the US Commonwealth of the Northern Mariana Islands (CNMI), killing two local residents and destroying thousands of homes. The Saipan International Airport also suffered extensive damage […]
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Maryland’s casino operators reported a modest revenue gain in April but failed to match their record-setting pace in March. Figures released this week by the Maryland Lottery and Gaming agency show the state’s six casinos generated gaming revenue of $145.2m in April, a 1.2% rise over the same month last year, albeit well back of […]
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Australia-listed Donaco International Limited announced that it was planning a “strategic review” of its debt and cash flow situation. In its filing, the operator of Star Vegas in Poipet, Cambodia specifically mentioned its need to “eliminate or restructure” its debt to Mega Bank, currently amounting to $39.9 million. The debt “is secured only against the […]
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The Imperial Pacific International Casino project being built in Saipan already missed an August deadline. However, the new deadline looks to be a stretch as well, according to an article published in Asia Gaming Brief on Thursday. In June of 2018, we reported that the $7 billion project, being built in Saipan, was not going […]
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