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According to a report from GGRAsia, the firm holds a stake in the City of Dreams Manila development run by a unit of Asian casino and entertainments giant Melco International Development Limited and was hurt as operations at the 938-room venue were shuttered for 22 weeks from March 16 owing to the ongoing coronavirus pandemic. Online Casino Online Casino The source explained that this Entertainment City property has since been allowed to re-open at 30% capacity even as Manila and its 24 million inhabitants remain under a modified ‘general community quarantine’. Core contributor:Manila-listed Belle Corporation reportedly used an official Thursday filing to describe its spokie spins online casinotake in City of Dreams Manila as a ‘primary growth driver’ before declaring that its revenues from gaming for the nine months to the end of September had plummeted by 86. Online Casino Online Casino 4% year-on-year to just shy of . Online Casino Online Casino 71 million owing to ‘Covid-19-related developments. Online Casino ’Further fallout:As if this news wasn’t bad enough, the Philippines firm purportedly noted that issues linked to the coronavirus pandemic had moreover caused ‘weak results’ for its Pacific Online Systems Corporation subsidiary, which leases a range of lottery and keno betting equipment to the Philippine Charity Sweepstakes Office. Online Casino Reportedly read the filing from Belle Corporation…“The effects of the pandemic began with declining tourist arrivals prior to the implementation of the community quarantines nationwide and was compounded by the temporary suspension of gaming operations at City of Dreams Manila on March 16 in compliance with government initiatives to contain the virus.

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