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International Entertainment loss widens due to Manila IR expenses

International Entertainment’s loss has widened sharply for the six months ended 31 December 2023, to HK$36.1 million ($4.6 million) due to the development of its Manila integrated resort.

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’.

PH hotel and gaming operator International Entertainment flags return to profit this FY

International Entertainment, a gaming and hotel operator in the Philippines, says it is expecting to record a profit for the year attributable to the owners of the company of HK$15 million ($1.92 million), up from a loss of HK$256 million ($32.7 million) in the previous financial year ended June 30th, 2022.

International Entertainment purchasing $5.7mln in slots from RGB for Manila property

International Entertainment, a gaming and hotel operator in the Philippines, has announced that it is purchasing a further 382 slot machines from RGB for some $5.73 million, to be placed in its New Coast Hotel Manila property.

International Entertainment reducing value of issued shares by 99 percent

International Entertainment, a Hong Kong Stock Exchange-listed gaming and hotel operator in the Philippines, notes that it is going to be reducing the value of its issued shares by 99 percent and using the credit to offsetting its accumulated losses.

PH hotel and gaming operator International Entertainment reduces 2H22 loss significantly

International Entertainment, a gaming and hotel operator in the Philippines, has announced that it has recorded a strong reduction in its loss for 2H22, totaling HK$6.4 million ($815,000), down significantly from the HK$136.63 million ($17.4 million) loss registered in the same period of the previous year.

International Entertainment Corp narrows 2H22 loss by 95 percent

International Entertainment Corporation, an operator of hotel and gaming operations in the Philippines has issued a profit alert for 2H22, noting that it is expecting to decrease its net loss by some 95 percent compared to the HK$136.6 million ($17.41 million) loss registered in the same period of 2021.

Stanley Choi resigns as chairman of International Entertainment

Hong Kong-listed International Entertainment has announced the resignation of Dr Stanley Choi as executive director and chairman of the board, with effect from March 31, 2022.

International Entertainment warns of wider 2H21 loss on Philippines lockdowns

Hong Kong-listed International Entertainment said it expects its loss for the second half of 2021 to widen due to the impact of Covid restrictions on its business in the Philippines.