Asia
Alliance Global to Expand Casinos Beyond Manila

ALLIANCE Global Group, the investment company of Philippine billionaire Andrew Tan, is looking to expand its casino resort venture beyond Manila to tap into fast-growing areas outside the national capital.
“We are actively looking at some of the key tourism hubs all over the Philippines as potential expansion sites,” chief executive officer Kevin Andrew Tan said during the company’s annual general meeting (AGM) on Thursday (Jun 15). He is the son of founder Andrew Tan.
The group is betting that the tourism sector will rebound along with a pick-up in global travel; the country may also benefit from China’s crackdown on Macau, which has left a cloud hanging over Asia’s pre-eminent gambling hub. The Philippines’ gaming sector is also undergoing a broader overhaul, with the government considering the sale of state-owned casinos.
Travellers International Hotel, Alliance’s gaming venture, returned to profitability in 2022 with a net income of 1.1 billion Philippine pesos (S$26.4 million) as gross-gaming revenue hit a record and non-gaming earnings continued to recover.
Alliance Global has earmarked about four billion pesos of this year’s 70-billion-peso planned capital expenditure for ongoing expansion of Travellers’ Newport World Resorts casino complex. Alliance Global last month bought out Genting Group, its casino venture partner.
To sustain the strong growth trajectory, Travellers wants to increase the share of premium mass-market gamblers to half of gross-gaming revenue, Kevin Andrew Tan said. It will also expand VIP junket operations, which in 2022 posted revenue more than double that of pre-pandemic levels.
-
Africa5 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews5 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates5 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards5 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News5 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News5 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Africa4 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Baltics4 days ago
Estonian start-up vows to revolutionise iGaming customer support with AI