On July 16, 2024, multiple media reported that Philippine casino operator Hann Resorts Inc was seeking to pass an initial public offering (IPO). ) raised approximately $200 million.
According to global news outlet Bloomberg, citing people familiar with the matter, Hann has hired investment banks and may sell shares this year depending on market conditions. .
Inside Asian Gaming understands that Hann is most likely to choose the Hong Kong Stock Exchange as his destination - a long-term plan for the company part of expanding operations in the Philippines. Hann has previously confirmed to IAG that it is considering an IPO.
Hann operates the local market leader Hann Casino Resort and its affiliated Widus hotel complex in Clark, north of Manila two hours - and is currently developing an ultra-luxury golf, gaming and leisure resort called Hann Reserve covering 450 hectares in nearby New Clark City.
Hann Reserve is expected to open in 2026 and will feature an exclusive PGA-affiliated player development facility and three 18-hole championship golf courses , clubhouse, multi-functional commercial center, high-end villas and residences, a 10-hectare public park and a series of luxury resorts.
