Philippines city may become home to $400M casino-resort
Friday 13 de September 2024 / 12:00
2 minutos de lectura
(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
G2E - Las Vegas 2025
06 de October 2025
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event
(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.
Tuesday 28 Oct 2025 / 12:00
ASAP Américas at G2E: Logistics, Technology and Networking in Las Vegas
(Buenos Aires).- ASAP Américas’ participation in the Global Gaming Expo 2025 reaffirmed its commitment to international logistics and global trade. The company provides end-to-end solutions, from shipping specialized equipment to coordinating materials and exhibits for global events.
Friday 24 Oct 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.