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scarlet pearl casino hotel roomsNet income after taxes came in at roughly 0 million, a 9.”Duterte additionally ordered Galaxy Entertainment stop its plans to build a 0 million casino ”Drowning in DebtParq took on 5 million in financing in 2014 to help pay for the renovation.”Duterte later eased his position on internet gambling, saying “pay the correct taxes, gamble until you die.“The downgrade reflects our view that Parq’s inability to meaningfully improve its profitability against a high and expensive debt burden will continue to pressure liquidity, and eventually make the company vulnerable,” the note advised.He initially viewed gambling as sinister as the illegal narcotics trade.river spirit casino poker tournaments