Rich Goldman announced that it will delay the start of its joint venture agreement by extending the deadline to complete all conditions for the agreement to set up a new VIP room at Solaire Resort & Casino in the Philippines for three months.
The company previously announced negotiations for a joint agreement via subsidiary named Prime Jade with a junket promoter to introduce players to the VIP room at the Manila property.
Solaire Resort & Casino is a resort and casino in Entertainment City, a complex in Bay City area of Parañaque, in Metro Manila, Philippines.
Rich Goldman noted that as a result of the COVID-19 outbreak in the Philippines and the continuing lockdown measures, additional time is required for the fulfilment
of some of the agreement’s conditions to extend the deadline to October 26 2020.