Thursday, November 7, 2024

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International Entertainment adjusts acquisition and development plans post-receiving provisional casino license

Hong Kong-listed International Entertainment Corp. reveals that the firm is aligning its plan for the potential acquisition and development of New Hotel Land with the master development plan proposal for the development of the integrated resort (IR) under the provisional casino license in the Philippines.

International Entertainment gets provisional PH gaming license with a commitment to invest $1 billion 

International Entertainment, a Hong Kong Stock Exchange-listed gaming and hotel operator, announced on Wednesday evening after trading hours that it has entered into an agreement with the Philippine gaming regulator, which PAGCOR has granted a provisional license to ‘establish and operate a casino and development of an Integrated Resort in the City of Manila’.

International Entertainment in talks over IR license details with PAGCOR

International Entertainment said its Marina Square Properties unit is in talks with the Philippine Amusement and Gaming Corp (PAGCOR) over the details for a provisional IR license it received in November and it trying to develop a new operation format with the regulator.

International Entertainment gets provisional PAGCOR license

Hong Kong-listed International Entertainment said it has received a draft provisional license agreement for an integrated resort in Manila. 

International Entertainment reports $17M loss despite gaming revenue growth

Hong Kong-listed International Entertainment Corp has reported a shift from profit to loss for the fiscal year ending June 30th, 2024, despite growth in gaming revenue.

Philippines casino project costs drive International Ent. to $17.3M loss

International Entertainment Corporation has announced that it expects to record a loss of no less than $17.3 million for the financial year ending June 30th, compared to a profit of $2.4 million in the previous year.

Zero percent chance for The Star Sydney to get its casino license given back after Bell Two: Expert

A top former Victorian gaming regulator has predicted that there is a 70 percent chance that The Star Entertainment Group can see the license suspension period of its Sydney casino extended, while seeing zero chance it will be granted back after the Bell Two inquiry.

Century Entertainment VIP room in Dara Sakor set to open in September

Century Entertainment's VIP room at Dara Sakor, Cambodia is set to open in September of this year, the company revealed in its latest financial report.

MBS’ latest expansion plan is part of license exclusivity extension commitment: Daniel Cheng

Las Vegas Sands’ decision to expand Marina Bay Sands (MBS) is "part of the company's commitment to extend its license exclusivity," says gaming expert Daniel Cheng.

International Entertainment starts to operate new casino in Manila 

International Entertainment Corporation has announced that it has begun operating its casino in Manila as of Thursday, a property previously owned by PAGCOR.