Bloomberry Resorts Corp., the gaming venture of tycoon Enrique Razon Jr., closed 2025 in the red after a year marked by softer VIP demand, regulatory headwinds, and the costly ramp-up of its newest property, even as its northern expansion showed early promise.
Technology firm Pacific Online Systems Corp. has acquired a 2-percent stake in Belle Corp. for P280 million, a move that underscores continued investor interest in gaming- and leisure-linked assets.
The Philippine Sports Commission (PSC) and the Bases Conversion and Development Authority (BCDA) have sealed a landmark deal to build the John Hay Sports Center inside Camp John Hay in Baguio City, accelerating efforts to upgrade the country’s high-altitude training infrastructure.
Operations at City of Dreams Manila remain on solid footing despite uncertainty surrounding the stake of foreign partner Melco Resorts & Entertainment, according to SM Investments Corp. President and CEO Frederic C. DyBuncio.
Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.