IEC Pushes Forward with Manila Casino Redevelopment
International Entertainment Corp (IEC), the Hong Kong-listed operator behind New Coast Hotel and Casino in Manila, Philippines, reported strong revenue growth in its first year under a provisional gaming license, though rising expenses and redevelopment costs drove its losses deeper for fiscal year 2025. Gaming Growth Offsets Hotel Decline For the 12 months ending 30 June 2025, IEC […]
International Entertainment Corp (IEC), the Hong Kong-listed operator behind New Coast Hotel and Casino in Manila, Philippines, reported strong revenue growth in its first year under a provisional gaming license, though rising expenses and redevelopment costs drove its losses deeper for fiscal year 2025. Gaming Growth Offsets Hotel Decline For the 12 months ending 30 June 2025, IEC […]
