By SectorWire desk ·
The report said that Travellers International’s second-quarter attributable profit reached PHP568m. EBITDA increased 13% to PHP4.4bn, with non-VIP gaming and non-gaming activity offsetting weaker VIP operations.
A broader revenue mix helped offset reduced VIP gaming activity.
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The launch extends Newport World Resorts’ casino offering onto mobile devices.
Completion transfers Genting Hong Kong’s remaining interests to its longstanding joint-venture partner.
PhilWeb and PhilWeb Capital commit nearly PHP4.23bn to JKS Tech Solutions, a regulator-accredited gaming systems provider.
The US$67.4m agreement connects PhilWeb and JKS Tech Solutions through a series of cross-investment transactions.
Gokongwei’s appointment places him at the head of PhilWeb’s board as the platform provider pursues AI ambitions.
Digital gaming solutions helped PhilWeb offset weaker venue operations and return to quarterly profit.