Manila Winford casino hotel cuts Q2 annual losses
The promoter of the Winford Manila Resort and Casino, MJC Investments, has cut its Q2 losses to PHP 130m ($2.3m), from a 2021 deficit of PHP 172.9m.
The H1 report showed a total loss of PHP 249.3m, which again represented an improvement against the 2021 total of PHP 330m.
Driven by an influx in gaming operations totalling PHP 56m – up from PHP 9.7m last year – MJC said the results were the result of increased footfall, stating: “The increase is attributable to higher gaming capacity and foot traffic this period comparing to same period last year.”