We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. In Philippine business lore, Enrique Razon Jr. is the undisputed king of the quayside. In ports, the narrative is almost too easy: global scale, big ships, big contracts, big reputation. But business has a way of humbling neat hierarchies—because in gaming, the scoreboard flips. Eusebio Tanco, best known in ports as the Asian Terminals counterweight to ICTSI’s colossus, is the one running away with the casino-and-clicks race. The punchline is stark: Razon’s Bloomberry Resorts ended 2025 in the red , while Tanco’s DigiPlus is posting surging revenues and hefty profits —with cash piling up fast enough to fund dividends and buybacks in the same breath. Bloomberry: Bigger ...