Mar 20, 2018 Newsdesk Latest News, Philippines, Top of the deck  
Philippine authorities confirmed late on Monday there has been two further fatalities from a fire in a casino hotel in the capital Manila, taking the death toll to five. The blaze broke out on Sunday morning and it took until Monday to bring it under control.
All the victims were employees at the casino, which is operated by state gaming regulator-cum-operator Philippine Amusement and Gaming Corp (Pagcor).
Several people were injured and about 300 guests were evacuated on Sunday as the fire raged through several floors.
The blaze engulfed the Waterfront Manila Pavilion Hotel and Casino, a 22-storey, 509-room hotel and casino complex located in the heart of Manila’s tourist district. The hotel is operated by Acesite (Phils.) Hotel Corp, a subsidiary of Philippines-based Waterfront Philippines Inc.
“Hotel operations have been temporarily suspended until the proper clearances from the government regulatory agencies have been obtained,” Acesite said in a filing on Monday to the Philippine Stock Exchange.
Firefighters said it was still unclear if the fire started in the casino, located on the lower floors of the property, or in a mezzanine area that was under renovation.
Waterfront Philippines said in August last year it would implement a PHP350-million (US$6.74 million) renovation programme at its Waterfront Manila Pavilion Hotel and Casino.
Shares of Acesite, which said the hotel was its main operating asset, fell nearly 7.2 percent in Monday trading, while Waterfront Philippines shares declined approximately 6.3 percent.
Jun 23, 2022
Jun 22, 2022
Jun 27, 2022
Jun 27, 2022
Jun 27, 2022
Moody’s Investors Service has confirmed Macau casino operator SJM Holdings Ltd’s ‘Ba3’ corporate family rating and the ‘B1’ rating on the backed senior unsecured bonds issued by...
(Click here for more)
357
The aggregate number – as of end of Sunday – of confirmed infections in Macau linked to the most serious Covid-19 outbreak impacting the city since the start of the pandemic in 2020