Philippines

$450 Million Travellers & Suntrust Investment to Complete Westside City Resort in Parañaque

Travellers International Hotel Group Inc., the leisure division of Alliance Global Group Inc., in partnership with Suntrust Resort Holdings Inc., has committed up to $450 million to finalize the $1.25 billion W...

Ex-DPWH Engineers Under Fire for Casino Losses and Flood Project Irregularities; Philippine AMLC to Investigate

Philippine Senate President Pro Tempore Panfilo Lacson has laid out serious allegations against a group of former Department of Public Works and Highways (DPWH) engineers, whom he referred to as the “BGC Boys” ...

PAGCOR Reports PHP69 Billion Online Gaming Revenue, Pledges Crackdown on Illegal Sites

The Philippine Amusement and Gaming Corporation (PAGCOR) has underscored the crucial role of licensed online gaming in supporting the government’s budget priorities, while raising alarms over the risks posed by...

Travellers Reclaims Manila’s Westside City Casino Project

Travellers International Hotel Group Inc., a unit of Andrew Tan’s Alliance Global Group, has moved to take the lead in developing the $1.25 billion Westside Integrated Resort in Manila’s Entertainment City. The...

Philippine Senators Urge Tighter Controls on Online Gambling Platforms

Philippine lawmakers are intensifying calls for stronger action against online gambling, warning that operators continue to find new ways to reach Filipino users despite recent regulatory crackdowns. Several se...

Philippine Central Bank Orders E-Wallets to Cut Online Gambling Links in 48 Hours

The Philippine Central Bank, Bangko Sentral ng Pilipinas (BSP), has directed all electronic wallet operators to strip their platforms of direct links to online gambling sites within 48 hours — a timeline that h...

Japan’s Universal Entertainment Reports $69M Loss Amid Okada Manila Weakness

Japan’s Universal Entertainment Corp recorded a significant downturn in the first half of 2025, posting a net loss of JPY9.87 billion ($69 million). The setback was primarily linked to underwhelming performance...

Philippines’ Wealthiest Entrepreneurs Maintain Top Spots, With Casino Tycoons Holding Strong Rankings

The latest rankings of the Philippines' wealthiest entrepreneurs, as compiled by Forbes for 2025, reveal that the Sy siblings, Enrique Razon Jr., and Manuel Villar continue to lead the pack. Despite the ongoing...

Philippines’ Online Gaming Surges Past ₱114B, Now Dominates Industry Revenues

The Philippine gaming industry saw a major shift in the first half of 2025 as the online gaming segment surged to unprecedented heights, surpassing traditional casino earnings for the first time. According to t...

Marcos Leaves Online Gambling Unaddressed in 2025 SONA

In a move that surprised some and reassured others, Philippine President Ferdinand “Bongbong” Marcos Jr. made no mention of online gambling during his 2025 State of the Nation Address (SONA), despite widespread...