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Tag Archives: Thunderbird

Philippines – Interblock delivers two 25-seat stadiums to Thunderbird

Interblock has announced the placement of two 25 seat Diamond Stadiums within Thunderbird Resorts & Casinos properties in Rizal and Poro Point in La Union, the Philippines. The Thunderbird Resorts & Casino in Binangonan, Rizal sits atop a highland valley south of the Sierra Madre mountain range 45 minutes outside of Metro Manila. The Thunderbird…

Philippines – Thunderbird ordered to pay backdated income tax

The Philippines’ Court of Tax Appeals has ordered that Thunderbird Pilipinas Hotels and Resorts will have to back pay income tax to 2006, meaning it owes around US$400,000. Thunderbird had hoped that the 30 per cent income tax exemption offered to state-owned operator Pagcor would also be applied to those companies taking on ‘franchise’ licensees….

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…