Westside City Resorts World

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    SunCity purchase of Westside Resorts site to complete end March

    SunCity Group Holdings has revealed that its payment of $200 million to secure the project site for Westside City Resorts World will be completed around late March.  In October, Suncity acquired a controlling stake in a Philippines company called SunTrust Home Developers for the rights to build a five-star hotel with at least 400 rooms, […]

    Suncity to enter Philippines integrated resort market

    Hong Kong-listed Suncity Group Holdings has acquired a controlling stake in a Philippines company involved in developing and managing an upcoming five-star hotel and casino in Manila.  In a filing to the stock exchange on Tuesday, Suncity said it will, through its subsidiaries, purchase a 51 percent stake in SunTrust Home Developers Inc.  The multi-layered […]

    Genting HK reports widened loss in 17H1

    Casino cruise ship operator Genting Hong Kong reported a widened loss of US$203.2 million in 17H1, attributed to an increase in operating and administrative expenses. Revenue from its cruise and cruise-related business increased 22.7 percent to $471.2 million in 17H1, compared with $384 million in the prior-year period. Net revenue went up 18.2 percent to […]