International Entertainment Corp (IEC), the owner of Manila’s LaVie Resort & Casino, has released the details of a new venture in the Philippines.
New Coast Leisure Inc (NCLI), an indirect Philippine subsidiary of IEC, has entered into an agreement with DigiPlus’s Total Gamezone Xtreme Inc (TGXI) for the integration, aggregation and operation of approved online games and related gaming content through an online gaming platform in connection with LaVie Resort & Casino Manila.
NCLI will be responsible for maintaining the license from the Philippine Amusement and Gaming Corporation (PAGCOR) and upholding all regulatory matters.
The company will also track daily gaming activities and review internal operations.
NCLI is currently the operator of LaVie Resort & Casino Manila, and obtained its license for online gaming operations in 2025.
This deal has been formed after recent regulatory changes in the Philippines that saw e-wallets delinked from online gaming platforms, which DigiPlus credited as being the reason that net income fell 33% year-on-year in its most recent Q1 report.
TGXI, a wholly-owned subsidiary of DigiPlus, will provide the gaming software, systems and aggregation, along with any manuals or documentation required to operate them.
The document provided by the IEC explains: “The Directors are of the view that the Online Gaming sector in the Philippines is undergoing rapid expansion, supported by favourable government policies, technological advancement and increasing market demand.”
It goes on to analyse the strong momentum in the industry, noting the US$6bn approved for casino infrastructure investments over the next five years.
Deloitte Advisory (Hong Kong) Limited was brought on as an IC consultant and found “no significant internal control deficiencies.”
LaVie Resort & Casino is currently in the middle of a US$1bn renovation as part of its deal to PAGCOR to run its own operations after its was previously operated by the regulator
