written and last updated by
Sam Smith at
19 May 2025
Journalist, Editorial Department
Newport World Resorts, operated by the Travellers Group, has reported strong performance since the beginning of 2025. The operator's gross revenue increased by 6% year-on-year, reaching 7.9 billion Philippine pesos (approximately $141 million). Company management attributed this growth to a rise in betting volumes in both the mass market and VIP segments, indicating a high level of customer engagement and effective operations.
Total gaming revenue for the company hit ₱7.69 billion (around $139 million), marking an 8% increase compared to the same period last year. Revenue from non-gaming sectors amounted to ₱1.8 billion (approximately $32 million). The hotel business continued to show strong performance, bolstered by a revival in the tourism sector. According to company representatives, hotels at Newport World Resorts are actively recovering, supported by growth in both domestic and international tourism. Hotel occupancy rates during the reporting period ranged from 85% to 95%, which is considered one of the best in the region.
The financial report also highlighted a steady increase in profit. For the quarter, this figure reached ₱101.4 million (about $1.8 million), nearly seven times higher than the previous year. This surge is attributed not only to increased revenue but also to the brand's effective operational management.
The gaming segment accounted for 14% of the revenue and net profit of the parent company, Alliance Global Group (AGI), underscoring the significant role of the Travellers Group within the holding structure.
Notably, Bally’s has reported increased profits in the U.S. and the U.K. while exiting the Asian market.
