Tag Archives: travellers international
- Resorts World Manila attack burns a hole in Travellers Q2 pocket
August 14, 2017
Philippine-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 have expected Travellers to incur a multi-million dollar net loss especially after it closed the gaming doors of Resorts World Manila in the light of...
- Travellers: We need to gain back the public’s trust
July 6, 2017
Travellers 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...
- PAGCOR lifts suspension order vs. Resorts World Manila
June 29, 2017
State-run Philippine Amusement and Gaming Corporation has lifted the suspension order it issued against the Resorts World Manila (RWM) casino three weeks ago. PAGCOR chair Andrea Domingo on Thursday gave RWM's parent company Travellers International Hotel Group the greenlight for the resumption of its operations following the latter’s compliance with...
- Travellers big boss risk being arrested for skipping Resorts World Manila probe
June 15, 2017
The Philippine House of Representatives has summoned the owner of casino operator Travellers International Hotel Group, Inc. (Travellers) to attend the on-going probe into the June 2 attack on Resorts World Manila. The Philippine Daily Inquirer reported that Ilocos Norte Rep. Rodolfo Farinas has ordered the issuance of a subpoena...
- Travellers vows to defend casino license
June 13, 2017
Beleaguered casino operator Travellers International Hotel Group Inc. assured stakeholders it is working doubly hard to have its provisional gaming licensed restored in the wake of the deadly June 2 rampage at Resorts World Manila (RWM). GMA Network reported that Travellers vowed to rectify whatever the findings of the state-run...
- Travellers International bleeds $95.41M after Resorts World Manila attack
June 6, 2017
Philippine-listed casino operator Travellers International Hotel Group Inc. continues to suffer the fallout from last Friday’s casino rampage, bleeding an estimated $95.41 million in market capitalization over the past two trading days. Data from the Philippine Stock Exchange shows that the casino operator’s market cap plunged 8.8 percent to US$986.07...
Okada Manila eyes Philippine backdoor listing
May 2, 2017