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DigiPlus says Diamond Hotel acquisition remains under evaluation

Business

DigiPlus told the Philippine Stock Exchange that it is assessing expansion into adjacent sectors and has not completed any transactions. The statement followed a report that it had approached Diamond Hotel Philippines owner Ramon S. Ang; DigiPlus said no definitive deal had been made.

The clarification leaves the proposed hotel acquisition unconfirmed for investors and the parties involved.

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Maybank sees Philippine casinos under pressure in second half of 2026

Maybank Investment Bank said Philippine land-based casinos could face pressure in the second half of 2026 from inflation, utility costs and weaker VIP demand. The bank cited a possible industry gross gaming revenue decline of up to 19%; PAGCOR chairman and CEO Alejandro Tengco said GGR could fall to PHP320 billion or US$5.20 billion in 2026, from PHP396.14 billion in 2025.

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