Two casinos are putting out very different messages, as the government can’t decide on a message of its own.
The Philippines could soon have more City of Dreams (CoD) resorts, even if the country doesn’t want them, according to reports.
Premium Leisure Corp saw an increase in revenue from City of Dreams Manila, but despite this, overall revenue is down.
Bell Corp, owners of the City of Dreams Manila Resort and Casino, saw revenue increases across the board in 2018.
Premium Leisure Corp, whose parent company, Belle Corp., owns a piece of City of Dreams Manila, has declared a cash dividend of $0.00097 per share.
The tender offer for shares in Melco Resorts and Entertainment Limited will raise MCO (Philippines) Investments Limited’s stake in the company to 96.1%.
The Melco Resorts and Entertainment (Philippines) Corp (MRP) is preparing to redeem the remainder of an allocation of corporate secured notes.
The tender offer for shares of City of Dreams Manila operator, Melco Philippines, has begun, at PHP7.25 ($0.13) a share.
Belle Corporation reported lower net income during the third quarter, even as year-to-date profits went up slightly.
Belle Corp saw its net income increase by 10.2%, reaching $17.3 million, supported by high volume of gaming income share at City of Dreams Manila.