Tag Archives: Resorts World Manila
Traffic back in Resorts World Manila after June arson attack
September 19, 2017Resorts World Manila (RWM) is on track with its recovery from the deadly June 2 arson attack that left at least 38 people, including the gunman, dead. Alliance Global Incorporated President Kingson Sian announced during the holding firm’s annual stockholders meeting on Tuesday that traffic inside the integrated resort is...
Travellers seeks US$14.11M in insurance August 24, 2017Philippine-listed casino operator Travellers International Hotel Group Inc. (TIHGI) is seeking PHP721 million (US$14.11 million) in insurance claims to offset the PHP921 million ($18.03 million) loss from the Resorts World Manila arson attack in June. The Manila Standard reported that the insurance money will recover most of the losses that...
Resorts World Manila attack burns a hole in Travellers Q2 pocket August 14, 2017Philippine-listed casino operator Travellers International Hotel Group, Inc. (TIGHI) posted a PHP312.09 million (US$6.09 million) net loss in second quarter of the year. Many analysts expected Travellers to incur a net loss especially after it was forced to close Resorts World Manila's gaming floor in the light of the June...
Philippine casino GGR to bounce back in July, analysts say July 10, 2017Gross gaming revenues of Philippine casinos will bounce back in July following the June 2 Resorts World Manila rampage that left 38 people, including the gunman, dead. In a note issued on Saturday, brokerage Morgan Stanley Asia Ltd. pointed out that the tragic incident in RWM will only have a...
Travellers: We need to gain back the public’s trust July 6, 2017Travellers International Hotel Group Inc., which operates Resorts World Manila (RWM), has vowed to regain the trust of the public while warning that the company's earnings will drop this year. To win the hearts of the people, Travellers faces a daunting task of erasing the memory that a former patron...
Philippine police: Travellers International negligent in Resorts World Manila deaths July 5, 2017Philippine authorities are finalizing criminal charges against casino operator Travellers International Hotel Group Inc. in connection with the deadly rampage at Resorts World Manila (RWM) that left 38 people, including the gunman, dead. Manila Times reported the Philippine National Police’s (PNP) Supervisory Office for Security and Investigation Agencies is expected...
