🏗️ Waterfront Manila reopening put on hold

Waterfront Manila Hotel & Casino’s redevelopment has been delayed indefinitely, operator Acesite said, citing rising costs and a softer Philippines gaming market. ASGAM reports the slowdown is linked to Middle East conflict, online gaming growth and fewer arrivals from China. 📉 Why it matters: land-based recovery in Asia is becoming more uneven. For suppliers and operators, it’s a reminder that tourism flows, geopolitics and digital competition now shape project timelines as much as construction itself. 🎰🌏