Hann Development Seeks IPO to Fund Growth Projects

The developer behind Hann Casino eyes public funding to back luxury resort ventures in Clark and Tarlac

Hann Development Corporation is preparing to enter the public market, taking a key step toward funding its ambitious gaming and leisure projects. The company has submitted a preliminary prospectus to the Philippine Securities and Exchange Commission (SEC) as it plans to launch an initial public offering (IPO).

The filing outlines the company’s plan to list shares through Hann Philippines Inc. (HPI), a holding firm that manages its gaming and hospitality ventures. HPI is fully owned by Hann Development Corp., and this corporate restructuring aims to pave the way for a successful public debut.

Hann is the group behind the high-end casino and hotel destination located in the Clark Freeport Zone in Pampanga. It is also leading the creation of a large-scale leisure complex in New Clark City, Tarlac, which will combine golf, hospitality, and entertainment in one destination aimed at upscale travelers.

Although the company has yet to announce how much capital it intends to raise, the IPO is expected to strengthen its financial position and help accelerate current and future projects.

The timing aligns with rising investor confidence in the Philippine gaming industry. PAGCOR recently reported ₱104.12 billion in gross gaming revenue (GGR) for Q1 2025, highlighting strong demand across the sector.

Through its IPO and luxury developments, Hann is doubling down on its strategy to position Northern and Central Luzon as the next key zones for integrated resorts. If the listing proceeds as expected, Hann could become a model for other regional gaming operators seeking capital through public markets.

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