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Philippine Gambling Industry's Major Reshuffle: A Step Towards Glory or a Descent into Trouble?

Philippine Gambling Industry's Major Reshuffle: A Step Towards Glory or a Descent into Trouble?

Philippine listed company Suntrust Resort Holdings announced that it will sign a strategic cooperation agreement with Travellers International Hotel Group Inc (TIHGI) and its affiliated enterprises, operators of Newport World Resorts. As Suntrust steps back and Alliance Global takes over the $12.5 b

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Decentralized prediction platform Polymarket plans to complete a $200 million financing, with its valuation soaring to $1 billion, entering the ranks of "unicorns".

Decentralized prediction platform Polymarket plans to complete a $200 million financing, with its valuation soaring to $1 billion, entering the ranks of "unicorns".

According to Reuters, citing sources familiar with the matter, the decentralized prediction market platform Polymarket is close to completing a funding round of up to $200 million. Once completed, the company's valuation will reach approximately $1 billion, officially entering the "unicorn" status.T

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