Saturday, May 11, 2024

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Alliance Global Group eyes plan for another six hotels by 2028

Philippines conglomerate Alliance Global Group (AGI) has identified six sites in the country for new hotels, expected to be operational over the next five years.

Alliance Global Group to expand casinos beyond Manila

Philippines conglomerate Alliance Global Group (AGI) seeks to expand its casino resort ventures outside of Manila to reach fast-growing areas.

Alliance Global plans Boracay casino at Newcoast development

Business tycoon Andrew Tan has confirmed that his company, Alliance Global, plans to move ahead with a casino at the Boracay Newcoast mixed-use development.

AXES.ai concludes strategic alliance with global DooH giant Hivestack

AXES.ai announced it has concluded a global strategic alliance with Hivestack, the world’s leading, independent programmatic digital out of home (DOOH) ad tech company.

Newport World’s net revenues increased 27 percent, surpassing the pre-pandemic level

Travelers’ International Hotel Group, the gaming and leisure subsidiary of Philippines conglomerate Alliance Global Group (AGI) and operator of Manila’s Newport World Resorts, recorded net revenues of PHP 23.3 billion ($417 million) in the first nine months of the year, exceeding its pre-pandemic level and reflecting a growth of 27 percent year-on-year.

Your Daily Asia Gaming eBrief: AGI aims high with new hotels and airport expansion plans

Alliance Global is putting its money where its mouth is, announcing big plans to expand its hotel capacity to 11,000 rooms, with six new sites already identified.

AGI buying rest of shares in Newport World Resorts from failed Genting HK

Alliance Global Group (AGI) has sealed a deal to take over all shares held by the failed Genting Hong Kong in integrated resort Newport World Resorts, located in Manila.

Resorts World Manila allocated $75m expansion fund

Alliance Global Group is allocating $75m (PHP4b) for Travellers International’s ongoing expansion projects at Resorts World Manila in 2022, mainly in leisure and entertainment, the group reported to the PSE.

RWM shareholder to provide $151.3 million capital injection

Alliance Global Group said it agreed to provide a PHP7.8 billion ($151.3 million) capital injection into the Travellers International Hotel Group, which operates Resorts World Manila.

Resorts World Manila Q4 gaming revenue up 33%

Resorts World Manila saw its gaming revenue rise 33 percent in Q4 from the prior quarter, according to press release from Alliance Global.Â