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
Cibelae promotes the integration of the lottery sector at BiS SiGMA South America 2026
(São Paulo).- Cibelae consolidated its role as a key player in the gaming industry with a prominent participation in BiS SiGMA South America 2026. This event, recognized as the largest iGaming and betting gathering in Latin America, took place from April 6 to 9 at the Transamerica Expo Center in São Paulo.
Tuesday 21 Apr 2026 / 12:00
1xBet Builds Momentum in Brazil and Expands Across LatAm at BiS Sigma South America
(Sao Paulo, SoloAzar Exclusive).- Following the recent launch of its Brazilian license, 1xBet used BiS Sigma South America to strengthen its presence in the region and connect with key stakeholders across Latin America. Strategic Advisor Simon Westbury described the exhibition as highly engaging, highlighting both the opportunities generated on the show floor and the regulatory challenges that lie ahead for Brazil and the wider continent.
Tuesday 21 Apr 2026 / 12:00
Fernando Martinez: "LSports is in the midst of a massive expansion in the LATAM region"
(São Paulo, SoloAzar Exclusive).- Following LSports’ participation at BiS SiGMA South America 2026 Fernando Martinez, the company’s VP of Sales LATAM shares insights on regional expansion, the growing demand for managed services, and how technology is shaping competition in an increasingly regulated landscape.
Friday 17 Apr 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.