Casino and Hotel

SkyCity Entertainment Group has agreed to sell The Grand Hotel in Auckland for NZ$221 million. The conditional deal supports debt reduction, with settlement targeted for mid-December 2026 and SkyCity managing the hotel until June 2027.

PAGCOR is considering the sale of its Casino Filipino business for an estimated ₱20 billion to ₱30 billion as projected losses reach at least ₱7 billion in 2026. The agency is targeting an exit from casino operations in the third or fourth quarter of 2027, subject to government approval and a formal valuation. The proposed restructuring would separate PAGCOR’s commercial casino activities from its gaming-regulation role, with 35 casino operations included in the planned dives

Iris Cairns Property has opened a new unconditional cash offer for the remaining units in Reef Casino Trust at A$4.67 per unit. The bidder already controls approximately 85.77% of the trust and intends to pursue full ownership, with a possible delisting subject to legal requirements. Iris says its offer represents a 29.54% premium to RCT’s closing price on 23 September 2026. The offer is scheduled to close on 9 November unless extended.

Kangwon Land has placed the feasibility of its major K-HIT resort transformation project among the priorities of a new organizational committee established under CEO Kim Do-gyun. The committee will assess major strategic initiatives alongside organizational structure, personnel systems and workplace practices through the end of 2026.

Kalibo Diocese has renewed its opposition to casino operations in Boracay following the opening of Kaban Hotel and Casino. Bishop Cyril Villareal urged Aklan, Malay and other authorities to consider the impact of gambling on families, vulnerable communities and the island’s long-term development. The statement adds a new dimension to the debate surrounding Boracay’s first casino as the destination expands its tourism and entertainment offering.

Bally’s Corporation has confirmed that construction on its $1.7 billion permanent casino resort in downtown Chicago remains on track for an early 2027 launch, clearing up recent media reports suggesting work had halted. Speaking during a recent investor update call, Chairman Soo Kim stated that around 1,000 tradespeople continue working daily at the former Chicago Tribune Freedom Center site. The operator is currently re-evaluating the phased rollout for roughly 12% of non-ga

Kaban Hotel and Casino Boracay is set to open on September 16, marking Boracay’s entry into the Philippine casino market with its first integrated hotel-casino destination. Located at Station 0 and developed by Golden TW Realty and Development Corporation, the 88-key property combines gaming, hospitality, dining and entertainment. Its launch highlights the Philippines’ expanding casino footprint beyond Metro Manila and the growing focus on destination-led gaming developments.

Okada Manila will launch Disney-themed hospitality, dining, leisure and retail offerings with Disney Philippines starting in Q4 2026.