Home Clark Freeport Zone
Clark Freeport Zone
The Widus Group says its casino and hotel at Clark Freeport Zone in the Philippines have “gradually resumed activities” in line with the guidelines from the local government regarding prevention of Covid-19.
Regional casinos in the Philippines are likely to resume their outperformance once the global pandemic eases as infrastructure improves and major projects come online.
In an ASX filing, the Frontier Capital Group has reported losses of A$4.6 million for the January-June 2019 period.
The Philippines’ regional casinos may not get the same headline publicity as the bigger resorts in Manila, but the number of properties has been growing and their client base evolving as amenities and infrastructure improves.