Travellers International reported gross gaming revenue of Php6.6 billion for the quarter ended March 2026, down 16.5% year on year, with the company citing weakness in VIP gaming. Adjusted EBITDA fell 19% to Php1.7 billion, while non-gaming revenue rose 10% to Php2.0 billion.
The figures show contrasting performance in gaming and non-gaming operations at Newport World Resorts in the first quarter.
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Newport World Resorts recorded net gaming revenue of PHP5.0bn ($81m) in the Philippines in the first quarter of 2026, down 15% year on year, according to a filing by parent Alliance Global Group. Gross gaming revenue was PHP6.6bn, while promotional allowances fell 23% to PHP1.6bn.
PhilWeb reported first-quarter 2026 revenue of PHP233.1 million, up 30.4% year on year, and net income of PHP13.9 million, compared with a loss a year earlier. Its quarterly filing attributed growth mainly to e-Gaming Solutions; the company also said it received PAGCOR accreditation and expanded partnerships during the quarter.
PAGCOR will require four integrated resorts in Manila's Entertainment City to begin converting gaming tables to smart-table technology from 1 January 2027. Chairman and CEO Alejandro Tengco said the initial requirement covers City of Dreams Manila, Okada Manila, Newport World Resorts and Solaire Resort Entertainment City, with baccarat tables first; the deadline is to start conversion, not complete it.
PAGCOR is considering requiring smart gaming tables in Philippine casinos and integrated resorts, reportedly to improve real-time oversight of gaming transactions. The requirement may begin with large integrated resorts, with implementation not expected before the second half of 2027; smaller casinos could be included later. The plan has not been finalised.
PhilWeb appointed Lance Y. Gokongwei as board chairman, replacing Crisanto Roy B. Alcid, who relinquished the chair and chief executive roles effective 27 August. Alcid remains a director, and Gokongwei will serve for the rest of the current term. The company said the appointment followed Gokongwei’s ₱2.02 billion strategic equity investment.