Formerly known as Premiere Entertainment Philippines, Inc., PHA became the first public company engaged in the production of motion pictures in the country in 1997. In 2008, the Company ventured into the operation of internet casino stations when it acquired Digigames, Inc.. Three years later, the Securities and Exchange Commission authorized the Company to expand to the mining and real estate industries. In 2014, PHA raised 620 million from the sale of Total Gamezone Extreme Inc. to Leisure and Resorts World Corp (LRWC). Prior to the transaction, Digiwave, transferred all its assets to TGXI.