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Newport World Resorts operator Travellers International Hotel Group Inc is looking to acquire one or more Casino Filipino properties from Philippine gaming regulator PAGCOR as part of its ambitious expansion plans.
Travellers chairman Kevin Tan confirmed the company’s interest during a panel session curated by IAG at G2E this week in which he also said it remains on track to open its US$1.25 billion Westside City hotel and casino development by 3Q26, as put forward by the project’s former owner Suntrust Resort Holdings.
Tan said Travellers “will open” its Westside project next year after assuming majority control from Suntrust as part of a strategic agreement reached in recent months. Inside Asian Gaming broke the news that Travellers was assuming control of the “LET X” development in early August.
He also detailed Travellers broader expansion plans in the Philippines, which could include more boutique casinos in some of sister company Megaworld Corporation’s 37 townships nationwide and acquisition of one or more Casino Filipino properties from regulator PAGCOR.
https://asgam.com/2025/10/10/travellers-eyes-further-expansion-via-pagcor-casino-acquisitions/
Suntrust Resort Holdings, the Philippine-listed unit of Hong Kong’s LET Group Holdings, says it will open Westside City in the fourth quarter of 2025. In the works since 2019, the complex was initially slated to open in 2022 but has been delayed numerous times.Source: https://igamingbusiness.com/casino/suntrust-opening-manila-fourth-integrated-resort-late-2025/The $1.1 billion (£834 million/€969 million) project spans 31 hectares (310,000 square metres) along Manila Bay. Westside City will feature a 475-key five-star hotel, spa and wellness centre, 500-person capacity ballroom, 3,000-seat performance hall and ample meeting and convention space.
The gaming floor will offer 281 tables, 134 EGMs and more than 1,100 slot machines serving both mass and VIP players.
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Source: https://bilyonaryo.com/2024/04/02/revised-timeline-suntrust-resort-pushes-back-westside-city-opening-to-q1-2025/property/Originally slated to open its doors by the fourth quarter of 2024, Westside City will now welcome its first guests in the first quarter of 2025. Despite this three-month postponement, construction is still in full swing.
Source: https://www.gamblinginsider.com/news/25693/suntrust-gains-loan-for-westside-city-casino-project-in-manilaSuntrust Resorts Holdings of the Philippines has received approval for a loan from its parent company, Hong Kong-listed LET Group Holdings, for a sum of $17m.
The loan would be used to cover the construction and project costs of its main hotel-casino in Entertainment City, part of the larger Westside City development in Manila.
Philippines gaming operator Suntrust Resort Holdings has secured a $38 million loan from LET Group to ‘fund project costs and the construction of its Westside City Project hotel and casino.
Source: https://agbrief.com/news/philippines/22/04/2024/suntrust-secures-38m-loan-for-development-of-westside-city/
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