Your Daily Asia Gaming eBrief: AGI aims high with new hotels and airport expansion plans

Good Morning. Alliance Global is putting its money where its mouth is, announcing big plans to expand its hotel capacity to 11,000 rooms, with six new sites already identified. The operator of Newport World Resorts is banking on more disposable income to drive visitation post-COVID. AGI is also planning a redevelopment of Manila's main airport, aiming to double capacity by 2048, at a cost of some $4.8 billion.

What you need to know

• Alliance Global has strong plans for expansion, looking at some six new locations for hotels, to expand its total keys to 11,000.
• Manila's Ninoy Aquino International Airport could be getting a $4.8 billion facelift, increasing capacity to 70 million by 2048.

On the radar

• Macau visitor arrivals reached 2.2 million in May, down 2.6% from April.
• PointsBet engages with DraftKings on $195m takeover offer.
• Moody’s upgrades Playtech’s rating, on strong results above forecasts.

AGB Intelligence

PHILIPPINES

AGI aims to increase room keys to 11,000

Industry Updates

• BMM Testlabs Australia promotes Mario Zilevski to senior VP of client services.
• SIS signs agreement to provide extensive esports offering to Betsson.

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