Andrew Tan´s Alliance Global Group to develop second new Boracay casino
Friday 03 de September 2021 / 08:21
2 minutos de lectura
(Phillipines).- Philippines business conglomerate Alliance Global Group has outlined its intention to push forward with plans for a second new casino on the holiday island of Boracay following President Rodrigo Duterte’s decision to lift a moratorium on casino developments.
The project will likely be linked to a series of non-gaming projects already underway in Boracay Newcoast – a 150-hectare mixed-use leisure and resort development being built by Megaworld Corporation. Both Alliance Global Group and Megaworld are owned by billionaire mogul Andrew Tan.
In a statement sent to Philippines media outlet ABS-CBN News, Tan said, “We will proceed with our casino project in Boracay Newcoast. We already have several hotels there and we are still building more.
A separate statement from Megaworld added the project “will adhere to all government environmental policies,” with the company “committed to the protection of the environment in the island.”
It said that 60% of Boracay Newcoast “is dedicated to green and open spaces.”
Tan added that he remains “hopeful that the tourism industry in this island will recover fast after the pandemic.”
Both Alliance Global Group and Megaworld already have experience in the casino industry, with the former holding a 50% stake in Travellers International Hotel Group Inc, operator of Resorts World Manila. Travellers is also involved in Entertainment City’s Westside Resorts World project, which includes a US$1 billion hotel-casino being developed by Suntrust Home Developers. Suntrust counts Hong Kong-listed Suncity Group and Megaworld among its major investors.
Duterte last week lifted the moratorium he had placed on new casino developments in Boracay in 2018, citing a need for the Philippines to finds new revenue sources due to the financial impact of the COVID-19 pandemic.
Categoría:Casino
Tags: Sin tags
País: Philippines
Event
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.