Philippines

Int Ent Loss Widens to $62M, Gaming Revenue Up 61%

International Entertainment's FY2026 loss widened to HK$486.4M on a non-cash DigiPlus note charge. Gaming revenue surged 60.7% and gross profit jumped 66.4%, but a PHP5B Philippine tax dispute looms.

International Entertainment Targets September Online Gaming Launch

International Entertainment targets late August or September 2026 for its Philippine online gaming launch under a 3%-97% GGR deal with DigiPlus. The gaming segment swung to profit but a non-cash charge widened the group loss.

Bloomberry’s Hawkins Rebuilds Solaire After PHP2.8B Loss

Greg Hawkins is reviving Bloomberry's Solaire Entertainment City after a PHP2.8B loss in 2025, with Q2 2026 GGR up 18% and EBITDA jumping 40% to PHP2.4 billion.

Megaworld Targets 12,000 Hotel Rooms by 2032, Casino Linked

Megaworld Corp plans to nearly double its hotel portfolio to 12,000 rooms by 2032, anchored by the 1,530-room Mövenpick Manila Bay Westside connected to the Westside Resort casino complex.

PAGCOR Income to Drop 18% in 2026 Amid E-Wallet, Crisis Hit

PAGCOR income is forecast to fall 18% to PHP86.95B in 2026, with net income plunging 91%, as e-wallet delinking and Middle East tensions gut online gaming revenue.

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