Key Moments: Travellers International Hotel Group Inc. has announced a $700 million investment in two new casino resorts located in Mactan, Cebu and Boracay. The company is also working toward completing its $1.25 billion Westside Integrated Resort in Manila’s Entertainment City, with an expected opening in the third quarter of 2026. Alliance Global Group Inc. plans to expand its hotel capacity to 10,000 rooms by 2025, targeting 12,000 rooms by 2028. Expansion into Mactan and Boracay Markets Travellers International Hotel Group Inc., the gaming division of Alliance Global Group Inc.…
Read MoreDay: 16 September 2025
Legislative and Judicial Moves Sought to Define U.S. Prediction Markets
Key Moments: A legal specialist indicated that only Congress, the Supreme Court, or coordinated state rulings could clarify the future of prediction markets. Industry uncertainty has favored prediction market operator Kalshi as regulatory outcomes remain unsettled. Active litigation has posed challenges for Kalshi in both California and Massachusetts, with key court hearings scheduled. Calls for Definite Regulatory Guidance Legal ambiguity continues to surround prediction markets in the United States, and participants are seeking firm guidance from either federal institutions or state authorities. During a call with Jefferies analysts, sports betting…
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