Tag Archives: Alliance Global
- Travellers International remains bullish on PH gaming market
January 12, 2015
Travellers International Holdings Inc, the joint venture controlled by Genting Bhd and the Philippines’ Alliance Global Group, remains confident that the Philippines will continue to see robust returns, even as Macau continues its tailspin amidst China’s crackdown against corruption. In an interview last week, Alliance Global Chairman Andrew Tan spoke...
- Resorts World Bayshore all set for groundbreaking, targets 2018 completion
September 17, 2014
Resorts World Bayshore City is expected to break ground within the next 90 days, two years after its original schedule. The first phase of the integrated resort and casino is expected to be completed by 2018. The joint project between Andrew Tan’s Alliance Global Group Inc. (AGI) and Malaysia’s Genting...
- Philippines’ richest people share casino ties
August 29, 2014
Three of the five richest Filipinos named by Forbes magazine share something in common other than their fat bank accounts. Henry Sy (1st), Enrique Razon Jr. (3rd), and Andrew Tan (4th) are all involved in the blossoming casino industry in the Philippines. For the seventh year in a row, Henry...
- Resorts World Manila’s expansion on track for 2017 completion; Elray Resources Inc. joint venture with junket operator
July 18, 2014
Travellers International Hotel Group, a joint venture between Andrew Tan’s Alliance Global Group Inc. and Genting Bhd. subsidiary Genting Hong Kong Ltd, is spending Php1.1billion ($25.2 million) on an expansion of Resorts World Manila. Opened in 2009, Resorts World Manila was the first integrated resort in the Philippines. Travellers International...
- Andrew Tan’s Alliance Global reports healthy returns in 1Q of 2013
May 15, 2013
Alliance Global Group Inc (AGI), the operator of Resorts World Manila and the soon-to-rise Resorts World Bayshore in Entertainment City, has reported significant growth in earnings in the first three months of the year. In a regulatory filing, the company reported a net income to owners of its parent company...
- Travellers International plan $500 million IPO in the Philippines
April 26, 2013
A few days after Melco Crown's Philippine subsidiary Melco Crown Resorts Corp, issued a $337 million private placement (at P14 a share) in the Philippines that ultimately netted the company what UBS Philippines managing director Lauro Baja III described as “six-times oversubscribed with 140 investors”, a fellow Entertainment City investor...
Okada Manila eyes Philippine backdoor listing
May 2, 2017