PH Resorts reported a net loss of 11.6 billion pesos in the first half of the year, with the failure to defend Emerald Bay being the main reason.

Philippine gaming group PH Resorts released its financial report for the second quarter and first half of 2025, showing a net loss of 11.6 billion Philippine pesos (approximately $116 million), a staggering increase of over 1200% year-over-year. The primary reason for the loss was the repossession o