• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Travellers International declares 2014 dividend

May 28, 2015 Newsdesk Latest News, Philippines, Top of the deck  


Travellers International declares 2014 dividend

Travellers International Hotel Group Inc, owner and operator of the Resorts World Manila casino property (pictured), on Wednesday announced the payment of a final dividend for 2014 worth PHP1.1 billion (US$24.6 million), or PHP0.07 per share.

The dividend is equivalent to 20 percent of the company’s net profit in 2014, the firm said in a filing to the Philippine Stock Exchange. Travellers International is a venture between Philippines-based Alliance Global Group Inc and Genting Hong Kong Ltd.

The dividend will be payable on June 18, 2015, to those recorded as shareholders as of the close of business on June 11, 2015, the company said.

Travellers International’s net profit nearly doubled for the year ended December 31. Annual profit was approximately PHP5.46 billion in 2014 compared to PHP2.74 billion in 2013, a rise of 98.8 percent.

In Wednesday’s filing, the company said that expansion plans for Resorts World Manila “remain on track”.

Travellers International broke ground in the autumn on the US$1.1 billion Bayshore City Resorts World, which is due to open in the final quarter of 2018.


  • tweet
Related articles
  • Pagcor missing US$43mln revenue from POGOs: audit
    Pagcor missing US$43mln revenue from...

    Jun 23, 2022  

  • MSW sportsbook back and bigger at Resorts World Manila
    MSW sportsbook back and bigger at...

    Jun 23, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • Macau drops 48hr nucleic acid test for casino staff, guestsMacau drops 48hr nucleic acid test for casino staff, guests June 30, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us