Rich Goldman delays Solaire Resort deal for three months

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.