PH Resorts Group Holdings Inc., the gaming arm of embattled businessman Dennis Uy, is exploring a total pivot of its business model after losing its casino license and warning investors of a cash crunch that threatens its survival. The company confirmed in a regulatory filing on Monday, Dec. 22,...
PH Resorts Group Holdings Inc., the gaming firm led by Davao-based tycoon Dennis Uy, terminated partnership talks with EEI Corp. after the government’s gaming regulator revoked the license for its stalled casino project in Cebu. In a disclosure to the Philippine Stock Exchange on Thursday, Dec....
Megaworld Hotels & Resorts (MHR) celebrated this year’s Thanksgiving by supporting the Ati Komunidad of Boracay as they took on the challenge of mastering nito weaving, a traditional Filipino craft. Anchored on the theme “Weaving Heritage, Planting Hope,” the project underscores MHR’s...
DAVAO CITY – A Davao City councilor has warned over a growing number of fraudulent Facebook pages posing as legitimate resorts, rest houses, and function venues and urged the people to be more cautious during the holidays. Public Works and Highways Committee chairperson Jessica Bonguyan said...
A Filipino-owned Vietnamese company and six Philippine firms were named to the inaugural Fortune Asia 100 Best Companies to Work For in Southeast Asia list, with two subsidiaries of the Gokongwei Group making the cut. Jollibee Foods Corp.’s Highlands Coffee ranked ninth on the list, according to...
Growing scrutiny over the assets and businesses of former Ako Bicol Representative Zaldy Co has brought to light a five-year dispute with popular online gaming firm DigiPlus Interactive Corp. stemming from their joint ownership of Midas Hotel and Casino. Law firm Villaraza and Angangco confirmed...
Megaworld Hotels and Resorts, the hospitality arm of Megaworld, has partnered with global hospitality group Accor to convert the 1,530-room Grand Westside Hotel into Mövenpick Manila Bay Westside, which will become the largest Mövenpick hotel in the world. The 19-story, two-tower Mövenpick...
Megaworld Hotels & Resorts, the hospitality arm of developer Megaworld Corp., has signed an agreement with global hospitality group Accor to convert its 1,530-room Grand Westside Hotel into the Mövenpick Manila Bay Westside, making it the world’s largest Mövenpick hotel. In a statement on...
Bloomberry Resorts Corp. reported a 95-percent plunge in consolidated net income for the first nine months of the year on the back of ballooning losses in the third quarter as the international high-roller market remains weak while expenses increased for its new online gaming business. In a...
Ports, gaming, and infrastructure magnate Enrique K. Razon Jr. has found a buyer for his casino in South Korea, Jeju Sun Hotel & Casino, which is owned through an indirect subsidiary of Bloomberry Resorts Corp. In a disclosure to the Philippine Stock Exchange (PSE), Bloomberry said its South...
Flying via private jet might seem a luxury reserved for billionaires, royalty, and A-list celebrities, though there are moments when it can be more accessible than one is led to believe. Recently, Preferred Hotels and Resorts, in partnership with Bucketlist Xperiences, just unveiled its first-ever...
Billionaire Enrique K. Razon Jr. is not in a hurry to fully launch his online galing app MegaFUNalo! and has moved the official launch date to the last quarter of 2025 or the first quarter next year amid uncertainties in the regulatory environment. Unicapital Securities Research Analyst Jeri R....
