Manila: Transforming into World Major Gaming Destination

Macau has noticeably developed casino business which has resulted to 33 casinos having been established in the busy administrative part of china. Singapore has sprung up to be the third largest world destination for casinos proving the lucrative business opportunity in gaming inspiring Manila to pursue the trade. Manila has to lay down effective strategies to get to the top rated gaming destinations of the world.

How is Manila preparing to get to the top of the gaming world?

The city of Manila has a number of casinos which cannot be rated among the best in world though they keep the game on an example being casino Filipino located in Hyatt Manila. The city has already laid the ground work to establish the best casinos in the world. The government of manila has already licensed at least four more casino licenses to companies with the capacity of establishing top notch casinos.

The investors into manila casino business are expected to invest $1 billion over a 5 year period into the project. Some of the companies that have taken up the challenge to offer the best casino establishments in Manila are companies such as the Belle Corporation, Alliance Global Group Inc, Genting  Malaysia and Bloombry Investment Holding Inc. this project is expected to be completed around 2014/15 which will mark a new beginning of world class gaming destination in manila.

Entrant of two gambling magnates in the arena

  • Lawrence Ho son of Stanley Ho owner of several casinos in Macau has great interest in investing into top notch casino in Manila. He plans to partner with James Parker of Melco Crown Entertainment Company. The two have numerous experiences Parker being an Australian billionaire and owner of the famous Crown casino located in Melbourne. The two are already established business partners owning casino Altira and city of dreams both in Macau.
  • Ho and Packer are already negotiating with the Manila government to be granted the fifth license to start on the project. The two magnates have numerous experiences in the Casino world and their $1 billion investment will take Manila to the top casino business if the deal goes through with the government.

What will Pagcor city offer to the world?

  1. Most of the casinos will be housed in this city which derives its name from Pagcor Corporation which is a major casino operator in Philippines.
  2. The city will have amusement park, sports arenas, shopping malls, beaches spars, art centers and winter park to attract visitors from all over the world.
  3. the location of the city is a short flight from north and southern China.

Manila has laid down the foundation and the race is on to get on the same footing with the world finest gaming destinations such as Las Vegas.