Suntrust Resort Holdings Inc is evaluating a potential move into the Philippines’ online gaming sector as the company works on measures to address its negative stockholder equity position. The Manila-listed firm disclosed that its relevant project entity is considering applying for accreditation as a Gaming System Administrator under the Philippine Amusement and Gaming Corp (Pagcor) framework. The possible application was included among several options presented to the Philippine Stock Exchange (PSE) in response to questions regarding Suntrust’s financial position. Suntrust […]
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