International Entertainment Corporation announced on Friday that it has gained a provisional license from PAGCOR to build its Manila IR. The license was delivered to the firm’s Philippine subsidiary Marina Square Properties, Inc In June, the firm explained that it was planning to “expand and upgrade the current hotel premises, facilities, and services by the […]
Hong Kong-listed International Entertainment Corporation has announced its intentions to apply for a provisional license to expand and upgrade its current hotel in Manila into a casino and integrated resort. The company did not specify the hotel in question, but it is known to operate the New Coast Hotel Manila, previously known as AG New […]
International Entertainment said Li Shui Keung ceased to be chief financial officer with effect from Oct. 22.
HK-listed gaming and entertainment firm, International Entertainment Corp. (IEC) has announced the appointment of Mr. Zhang Yan Min as chief executive officer, according to a filing from the operator on Friday. Mr. Zhang has been serving as the executive director of the company since May 2017. He has over 28 years’ experiences in commercial development, […]
Hong Kong-listed gaming and entertainment firm, International Entertainment Corp. recorded a widened loss of HK$67.3 million (US$8.6 million) for the year ended March 31, 2018. In an earlier filing, International Entertainment sai the loss was mainly due to a fair value loss of its investment properties, among other things. Revenue for the year increased slightly […]
Hong Kong-listed gaming and entertainment firm, International Entertainment Corp. says it is expecting to record a loss of “not more than” HK$75 million (US$9.6 million) for the year ended March 31, 2018. The loss is widened from a loss of HK$41.8 million in the prior year. IEC said the expected loss was mainly due to […]
HK-listed International Entertainment Corp has recently inked a deal with The Stars Group to host poker tournaments and live events under the PokerStars name in Asia. In a filing to the HKEX, International Entertainment said the new agreement will allow the company to diversify the business of the group, whilst maintaining the group’s core business […]
International Entertainment, which leases hotel premises to casinos in the Philippines, said its fiscal 2015 profit had been hit by increasing competition, despite growth in tourism in the country. Revenue fell 5.9 percent to HK$366.8 million ($47.3 million). Hotel operations and the leasing of properties contributed approximately 36 percent and 64 percent, respectively, to group […]