To raise more capital and issue new shares, PH Resorts Group Holdings aims to increase its authorized capital stock by PHP7 billion ($128 million). This issue will be discussed in the upcoming annual stockholders meeting on Wednesday, July 26th.

Udenna Corp said it has settled a payment related to Clark Global City in the Philippines and that the issue did not technically constitute a default. 

PH Resorts said it has received approval from the Philippines Amusement and Gaming Corp. (PAGCOR) to temporarily suspend its license for an integrated resort...

PH Resorts Group Holdings, Inc, the Udenna Group’s gaming and hospitality subsidiary, has set the offer price for its follow-on offering of up to 450 million primary common shares at P1.68, a 32.8 percent discount from the top-end of its price range.

Enrique Razon Jr., the owner of Bloomberry Resorts, Andrew Tan, the head of Newport World Resorts, and the founder of PH Resorts Group, Dennis Uy, are all ranked among the top 50 wealthiest in the Philippines, according to Forbes' 'Philippines 50 Richest 2023' list.

The board of directors of PH Resorts Group Holdings has approved a proposal to increase its capital by $128 million as it aims to finalize Emerald Bay.

PH Resorts, developer of the Emerald Bay resort in Cebu is looking to attract Japan VIP players after signing an accord with junket operator ASKI Japan.

PH Resorts, which is developing the Emerald Bay resort on Cebu, has signed an accord with a junket operator aimed at tapping into Japan’s VIP market.

While government officials have complained about the use of the word “exodus” by local media to describe departing Philippine Offshore Gaming Operators (POGOs), it’s clear that the sector has shrunk significantly and is still shrinking.

PH Resorts, which is building the Emerald Bay Resort project in Cebu, announced it has successfully raised approximately P600 million from a select group of Qualified Buyers.