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Resorts World Las Vegas is seen as achieving fully ramped up EBITDA by 2024, three years after its opening, as the pandemic slows visitation, according to Fitch Ratings.
PH Resorts Chairman Dennis Uy said the company had reached a “significant milestone” towards the opening of its Emerald Bay integrated resort on Mactan Island after the Securities and Exchange Commission gave pre-effective approval for a P1.12 billion ($23 million) follow on share offer.
Bloomberry Resorts & Entertainment said it’s pushing forward with its project to build a second IR in Quezon City, as it believes the opening will coincide with a significant rebound post the crisis.
The Primorye Development Corp. has reiterated that Russia’s largest IR to date will open imminently, but that no specific date has been set.
Gaming Partners International (GPI), which recently become a wholly-owned subsidiary of Japan’s Angel Holdings, has been selected as the main casino equipment supplier for Wynn Resorts’ soon-to-be-opened Encore Boston Harbor.