The reopening is backed by a new group of investors, brought in by the group’s “old partners,”. This occurred after the group was recognized as partners, with “old partners finding new investors to inject fresh capital.” Source said the current situation is “enough to sustain the whole operation.”
Previously, Dowinn ceased operations on the evening of June 17th, 2024, at casinos such as Solaire, Okada Manila, City of Dreams Manila, Clark D’Heights Resort & Casino, and Royce Hotel & Casino.
The group failed to resume operations as promised on the afternoon of June 24th, then announced the postponement of its reopening until July 19th.
Dowinn Group has partners from China, the Philippines, and South Korea. No details were provided on the origin of the new investors or the amount they injected into the company.
However, so far, among all the reopened VIP rooms, the junket operation at Royce Hotel & Casino is the only one that has recorded any activity, according to the source.
