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4 gaming firms licensed to operate



A $2 BILLION entertainment complex will rise in the Pagcor Entertainment City.

Four license holders form the backbone of Philippine Amusement and Gaming Corp’s. (Pagcor) Entertainment City.

They are the SM group, through its gaming-and leisure-oriented unit, Belle Corp.; Japan’s Aruze Corp.; the Enrique Razon-owned Bloombury Corp.; and Travellers International Hotels.

Up to $4 billion in investments is expected to be poured into the project which will rise on a 120-hectare property reclaimed from Manila Bay.

Pagcor predicts that the fully operational development project would create direct and indirect employment for some 1 million Filipinos and generate gaming revenues of $11 billion a year.

The first of the four developments—Bloombury’s Solaire casino hotel—is slated for completion by the first quarter of 2013. Daxim L. Lucas


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Tags: Business , casinos , Gaming , Pagcor

  • japokjackpot

    guys if this entertainment city becomes successful, steve wynn will definitely follow. he will also invest in the philippines. do you know that Wynn macau casino employs a lot of world class filipinos? sheldon adelson will also follow. he will bring his Sands, Venetian and MGM casinos. We should be thankful Melco Crown of James Packer and Stanley Ho will be operational next year with Solaire Manila of Enrique Razon. Travellers is also upbeat. Their Resorts World Manila is already showing the world Philippines can do it. Philippines is the dark horse of Casino Hubs. It will create jobs and profits for the Philippines. SOON, it will no longer be casinos getting the nod and enthusiasm to do business in the Philippines.

  • ah_ok_fine12

    more jobs! thats the only thing i like about this

  • farmerpo

    $4B will generate $11B a year? Sounds like Aman Futures to me!!!!! Lots of monkeys to feed, wow!!

    • http://twitter.com/erncastillo ern

      This is a bigtime casino complex my friend! The winners will always pay tax. It’s just bringing the world’s top gamblers here. Only a handful of rich filipinos can afford to play here so generally, I do not see kababayans being lured to this.

      • 444mangyan888

        More than 50% of casino players in the present system are incurable yet incorrigible optimist gamblers. I hope they will strictly put out ways to discourage these small -time gamblers so that only those who are really with capacity to do away with their money are allowed to play.
        The casinos are not for the working class !!!



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