Latest Stories

Okada-Gokongwei casino complex to debut in ’14


Kazuo Okada (left) and John Gokongwei

MANILA, Philippines—The $1-billion Manila Bay Resorts, an integrated entertainment and resort venture between the groups of tycoon John Gokongwei and Japanese pachinko mogul Kazuo Okada, is set to debut in 2014 in Manila’s future gaming strip Pagcor City.

In a briefing on Thursday, Robinsons Land Corp. general manager for office division Henry Yap said the 44-hectare entertainment complex to be developed by Tiger Resort Leisure & Entertainment Inc. in Pagcor City would have thee hotels, a shopping mall with cinemas, a trade hall, luxury retail stores and restaurants.

“The intention is to have 2,000 hotel rooms divided over three hotel brands,” Yap said, adding that the gaming facility would have 30,000 square meters in gaming space, 500 gaming tables and 3,000 slot machines.

A Las Vegas-style dancing water fountain will be part of the attraction while several residential towers will also be developed as part of the project, Yap said. However, he said RLC was still undergoing a due diligence on the residential component of the project and could not provide details yet.

The $1-billion project cost, Yap said, would not include the high-rise residential component in the complex.

RLC earlier signed a deal to acquire a minority interest in gaming facility operator Tiger Resorts, Leisure and Entertainment Inc., a wholly owned unit of Okada’s Universal Entertainment. At the same time, RLC will acquire a majority stake in Eagle I Land Holdings Inc., the landowner of the project site. Yap said details on project-sharing would be disclosed in late January when the deal is finalized.

In all, he said, the development would have 500,000 square meters in gaming facility.

Of the three hotel brands, two will be luxurious hotels while the third one will be a less expensive brand, Yap said. “The target is to get as many rooms as possible. Hopefully, all 2,000 rooms,” he said, when asked how many rooms would be operational at the time of the casino opening.

The requirement from the state-owned gaming regulator Philippine Amusement and Gaming Corp. is for the gaming licensees to open at least 800 rooms by the time the casino itself opens.

Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter

Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Business , gaming and casinos , Philippines

  • http://profile.yahoo.com/55XNXOYBNF6BG3EWOM5V4YMWXM Pedro


  • Andrew Tan

    More jobs is always welcome

  • dprotector

    I hope they will invest in manufacturing especially in Mindanao.

    • Hagler

      napakalaki ng potential ng south, in partikular ang Mindanao.

  • kismaytami

    Ok lang sana kung hindi tsekwa ang kasosyo ni Mr. Okada. Magkano na naman kaya ang ipapasahod ng tsekwang ito sa mga magiging empleyado riyan? May trabaho nga, below industry standards naman ang pasahod.

    • Hagler

      And contractual jobs.

  • joboni96

    binigyan mo na naman
    pagkakakwartahan ng intsik switik at dayuhan

    para igisa na naman sa sariling mantika
    using pilipino money in bank deposits pa

    pasok din triad ng macao at
    kasiraan ng mga pilipino

    banat ng banat sa jueteng ng masa
    sige naman ng sige sa casino ng mayaman

Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


  • Seabed search for missing Malaysian jet to widen
  • Lacson rejects calls to name ‘pork’ execs
  • Obama due in Seoul as North Korea nuclear test fears grow
  • Hold departure order out vs Corona, Singson
  • Malaysia to release MH370 report–PM
  • Sports

  • Michael Phelps loses to Lochte in comeback meet
  • Sharapova advances to Stuttgart quarterfinals
  • Galedo caps ride of redemption
  • Beermen, Express dispute second semis slot today
  • Lady Agilas upset Lady Bulldogs in four sets
  • Lifestyle

  • ‘Recovered’ Banksy works on display ahead of sale
  • Marinduque: Visiting the ‘palm of the ocean’
  • First at Vatican in 60 years
  • How Jing Monis Salon gave Krissy the pixie
  • Want to be a supermodel? Work on your inner beauty, says Joey Espino
  • Entertainment

  • Paul McCartney to play at Candlestick concert
  • Kristoffer Martin: from thug to gay teen
  • Has Ai Ai fallen deeply with ‘sireno?’
  • California court won’t review Jackson doctor case
  • Cris Villonco on play adapted from different medium
  • Business

  • PAL hailed for ban on shark fin cargo
  • BSP to change tint of P100 bill
  • Nielsen sees car buying boom in the Philippines
  • How author of best-seller exposed ‘one percent’ economic elite
  • Bangko Sentral readies new bank lending rules
  • Technology

  • Cloud strength helps Microsoft earnings top Street
  • Vatican announces hashtag for April 27 canonizations
  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • Opinion

  • Corruption not invincible after all
  • Editorial Cartoon, April 25, 2014
  • No deal, Janet
  • Like making Al Capone a witness vs his gang
  • MERS-CoV and mothers
  • Global Nation

  • Filipinos second-shortest in Southeast Asia
  • China welcomes PH apology
  • Only 4 Etihad passengers not accounted for
  • Abandoned in Malta,15 PH seamen return
  • Senator hopes PH will also get same vow
  • Marketplace