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DigiPlus acquiring controlling stake in New Coast Hotel Manila
The Philippine Star
|November 19, 2025
Digital entertainment company DigiPlus Interactive Corp. is expanding its offline footprint with a potential acquisition of a controlling stake in the parent firm of an integrated hotel and casino complex owner in Manila.
In a stock exchange filing, DigiPlus said that it has signed a convertible notes agreement that grants the rights to acquire a controlling economic stake in International Entertainment Corp. (IEC), a company listed on the Stock Exchange of Hong Kong (HKEx).
Through its subsidiaries, IEC owns and operates New Coast Hotel Manila, an integrated hotel and casino complex licensed by the Philippine Amusement and Gaming Corp.
A five-star hotel located along Roxas Boulevard in Malate, New Coast Hotel Manila was formerly known as New World Hotel Manila.
The hotel-casino complex offers 203 guest rooms and operates 96 gaming tables, 495 slot machines, and a range of other gaming amenities.
The complex is currently under renovation, with the casino expected to be completed by January 2026 and the hotel by the third quarter of 2026.
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