Philippines city may become home to $400M casino-resort
Friday 13 de September 2024 / 12:00
⏱ 1 min read
(Lapu Lapu City).- Alliance Global Group plans to build a $400 million casino-resort in Lapu-Lapu City, Cebu, Philippines, that would be composed of a two-story gaming area, a five-star hotel, villas, restaurants and a beachfront area. The company is seeking a gaming license from the Philippine Amusement and Gaming Corp. and, if approved, expects to begin construction in early 2025.
Alliance Global Group Inc. (AGI) may start building its $400-million casino resort complex in Lapu-Lapu City, Cebu province next year as the listed holding company widens its footprint in one of the country’s top tourist destinations.
AGI president and CEO Kevin Tan confirmed on Tuesday that they were in the process of getting a gaming license from the Philippine Amusement and Gaming Corp. after securing a letter of no objection from the local government.
Once AGI, through leisure and tourism arm Travellers International Hotel Group Inc. (THGI), gets its license, construction will begin early next year in time for commercial operations at the end of 2026, Tan told reporters on the sidelines of the Inside Asian Gaming Academy Summit in Pasay City.
He added that the casino resort complex would stand within real estate subsidiary Megaworld Corp.’s 30-hectare The Mactan Newtown township near Mactan-Cebu International Airport, the country’s second-largest gateway.
The project will have a gaming area on two floors, along with food-and-beverage outlet stores, villas, a five-star hotel and a beachfront, according to Tan.
“The beautiful thing about it is it will be across our convention center, the Mactan Expo,” Tan said, referring to his company’s recently opened P1.5-billion project. —Meg J. Adonis INQ
Categoría:Casino
Tags: Sin tags
País: Philippines
Región: Asia
Event
BiS SiGMA South America 2026
06 de April 2026
Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities
(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.
Thursday 07 May 2026 / 12:00
Air Dice Strengthens LATAM Presence with BiS SiGMA São Paulo Trade Show
(São Paulo, SoloAzar Exclusive).- Erkki Nikunen, Partner & CBDO at Air Dice, discussed the company’s participation at BiS SiGMA São Paulo. In this exclusive conversation with SoloAzar, he shares insights on their experience as exhibitors, business opportunities generated, and the company’s vision for Brazil and the wider Latin American market.
Wednesday 06 May 2026 / 12:00
R. Franco Digital Sees Brazil as Key Pillar for LATAM Expansion at BiS SiGMA South America
(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, R. Franco Digital highlighted Brazil’s vast growth potential and the importance of localized, innovative slot content for Latin American audiences. In this Q&A, Thiago Calmon, International Key Account Manager, reported high-quality meetings, new operator discussions, and reinforced partnerships—underscoring its long-term commitment to the region.
Wednesday 06 May 2026 / 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.
