• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Ent City Manila maybe US$4bln GGR in 2023: consultancy

Mar 09, 2023 Newsdesk Latest News, Philippines, Top of the deck  


Ent City Manila maybe US$4bln GGR in 2023: consultancy

The commercial casinos of the Entertainment City zone in the Philippine capital Manila (pictured), could generate gross gaming revenue (GGR) in the range of “US$3.8 billion to US$4.2 billion” for 2023, i.e., at least 46 percent more than in 2022, suggests industry consultancy GCG Gaming Advisory Services Pty Ltd.

Entertainment City encompasses Solaire Resort and Casino, Okada Manila, City of Dreams Manila and Newport World Resorts.

The casino GGR tally industry-wide in the Philippines for full-year 2022 reached PHP184.00 billion (US$3.33 billion), of which 79.5 percent – i.e., PHP146.21 billion, or about US$2.6 billion – was generated by the casino resorts at Entertainment City. That is according to fourth-quarter and full-year 2022 data released on Monday by the country’s casino regulator, the Philippine Amusement and Gaming Corp (Pagcor).

GCG Gaming Advisory Services maintained its view that Philippine-market GGR would be on a similar footing to Singapore, over the next few years.

“The 2024 opening of Westside City in Manila’s Entertainment City and several more casinos in Clark in the planning stages for 2025-2026 openings, will assist the growth, as will the increase in Chinese and [South] Korean junkets,” wrote GCG Gaming Advisory Services in a memo. The consultancy suggested the Philippines casino market could have annual GGR of “US$10 billion” for full-year 2027.

Commercial casinos operating in Clark Freeport and Special Economic Zone south of the capital are at: Royce Hotel and Casino; Hann Casino Resort; D’Heights Resort and Casino;  Fortunegate Clark; Fontana Leisure Parks and Casino; and Capital Casino Clark.

GCG Gaming Advisory Services thinks annual GGR for the casino cluster at Clark, could range from “US$550 million to US$650 million” for 2023.

“In Clark, Royce Casino will ramp up its offering these next few months,” said the consultancy.

“We expect the 2023 GGR [of Clark] to be Hann Casino, D’Heights and Royce in the top three positions, with these properties claiming up to 75 percent of the estimated US$550 million to US$650 million market,” wrote GCG Gaming Advisory in its latest note.


  • tweet
Related articles
  • Macau GGR for March 1 to 19 at US$845mln: JP Morgan
    Macau GGR for March 1 to 19 at...

    Mar 20, 2023  

  • US$165mln syndicated loan for Hann Reserve, says promoter
    US$165mln syndicated loan for Hann...

    Mar 20, 2023  

More news
  • Nagasaki says Credit Suisse woes not to impact IR plan
    Nagasaki says Credit Suisse woes not to...

    Mar 20, 2023  

  • Let’s Win hosts grand opening for club at Hoiana in Vietnam
    Let’s Win hosts grand opening for...

    Mar 20, 2023  


Latest News

Nagasaki says Credit Suisse woes not to impact IR plan

Nagasaki says Credit Suisse woes not to impact IR plan

Mar 20, 2023  

Credit Suisse Group AG, described last year by Nagasaki governor Kengo Oishi as one of several potential “financial arrangers” for a proposed casino resort project within that Japanese prefecture...
Read More
Macau GGR for March 1 to 19 at US$845mln: JP Morgan

Macau GGR for March 1 to 19 at US$845mln: JP Morgan

Mar 20, 2023  

Let’s Win hosts grand opening for club at Hoiana in Vietnam

Let’s Win hosts grand opening for club at Hoiana in...

Mar 20, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


1.59 million

Total number of visitor arrivals to Macau in February



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Macau visitor tally up 14pct m-o-m in FebruaryMacau visitor tally up 14pct m-o-m in February March 17, 2023
  • LET Group flags 2022 loss of US$52mln, Hoiana repays loanLET Group flags 2022 loss of US$52mln, Hoiana repays loan March 20, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us