May 09, 2017 Newsdesk Latest News, Philippines, Top of the deck  
Travellers International Hotel Group Inc, owner and operator of the Resorts World Manila casino property, on Monday announced the payment of a regular cash dividend worth PHP630.2 million (US$12.6 million), or PHP0.04 per share.
Travellers International is a venture between Philippines-based Alliance Global Group Inc and Genting Hong Kong Ltd.
The dividend will be payable on June 9, to those recorded as shareholders as of the close of business on May 31, the company said.
The dividend is equivalent to 18.5 percent of the company’s net profit in 2016.
Travellers International’s saw its profit slip 15.4 percent in full-year 2016. Such profit was nearly PHP3.40 billion, compared to nearly PHP4.02 billion in the prior-year period.
Feb 19, 2024
Dec 29, 2023
Mar 18, 2024
Mar 18, 2024
Mar 18, 2024
China issued on Monday a WeChat social media posting via its Singapore embassy, warning Chinese citizens to “stay away from gambling” while in that city state. Singapore has a duopoly casino...(Click here for more)
"We put in a ‘chip in chip’ programme [in Macau] several years ago where basically every [gaming] chip is tracked. There was a bunch of back-end benefits in terms of accounting, finance, etcetera"
Bill Hornbuckle
Chief executive of MGM Resorts International