Newport World Resorts sees H1 profit rise
The results point to a changing revenue mix at Newport World Resorts.
The Philippines.- Alliance Global Group’s gaming and tourism subsidiary, Travellers International Hotel Group, has reported stronger gaming results in the first half of 2026. Attributable net income nearly doubled year-on-year to ₱568m (US$9.2m), while EBITDA increased 13 per cent to ₱4.4bn (US$71.3m). Net revenue reached ₱15.2bn (US$246.1m) during the six-month period.
Non-VIP gross gaming revenue rose 6 per cent to ₱9.6bn (US$155.5m). The expansion of digital gaming helped offset lower revenue from VIP play. Non-gaming revenue increased 12 per cent to ₱3.9bn (US$63.2m), driven by higher hotel room rates and food and beverage sales at Newport World Resorts.
Alliance Global president and CEO Kevin Tan said the shift in revenue mix to non-VIP gaming and non-gaming operations showed the strength of the group’s diversified earnings base, noting that “our gaming business grew earnings even as the industry moved away from VIP play.”
The results helped drive Alliance Global Group’s first-half performance, with net income reaching ₱16.0bn (US$259.2m), up 3 per cent from ₱15.6bn (US$252.8m) a year earlier, excluding one-time gains from the 2025 deconsolidation of Golden Arches Development Corp.
