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PH Resorts says parent Udenna still backs its liabilities

PH Resorts says parent Udenna still backs its liabilities

Philippines-listed PH Resorts Group Holdings Inc, promoter of a stalled casino project, Emerald Bay (pictured in a file photo), in Cebu, says its ultimate parent, Udenna Corp, “has demonstrated that it has the ability and willingness to support the group in its financial obligations”.PH Resorts repo

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Blackstone injects nearly $337 million into struggling Crown Resorts

Blackstone injects nearly $337 million into struggling Crown Resorts

Blackstone has provided nearly AU$500 million ($337 million) in financial support to Crown Resorts in 2023, according to the Australian Financial Review. The capital injection comes as the casino operator grapples with ongoing regulatory challenges and a decline in high-roller customers. The funding

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