Acesite
Latest reporting and timeline
Acesite suspends Waterfront Manila casino reopening plans as costs rise
Acesite (Phils) Hotel Corporation has put the redevelopment and reopening of Waterfront Manila Hotel & Casino on hold indefinitely, the company said. In a filing, it estimated project costs at PHP3.6bn, up from PHP1.5bn covered by insurance, and said construction would not resume before 2028 at the earliest. The company cited higher costs and difficult tourism and gaming conditions.
Connections
Mentioned alongside
Named in the same reports; not a stated relationship.
Companies
Countries
Relationship explorer
Get daily updates on Acesite
New reports on Acesite, free. At most one email a day.