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Tag Archives: Porop Point

Philippines –Thunderbird are go; out of the Philippines

Thunderbird Resorts has offloaded its ‘entire economic interest and management rights in its Philippines and related British Virgin Islands operations’ to Magnum Leisure Holdings for $26.5m. The deal includes casinos at Poro Point and San Fernando. Last year Thunderbirds invested P563m on expanding the casino and hotel business inside the Poro Point Freeport Zone to help…