Feb 07, 2022 Newsdesk Latest News, Philippines, Top of the deck  
NUSTAR Resort and Casino, a tourism complex in Cebu in the Philippines, is preparing for the soft launch of a hotel facility, a five-star venue called Fili Urban Resort, according to a social media posting on Saturday by NUSTAR, which cited the particular hotel brand’s general manager, Paul Lee.
According to separate local media reports, Fili Urban Resort will launch in May, and is slated to have 379 accommodation units, either rooms or suites.
The NUSTAR property’s website lists the casino space as spanning 21,000 square metres (226,042 sq. feet), with capacity of 250 gaming tables and 1,500 slot machines.
The NUSTAR project (pictured in an artist’s rendering) also involves two other hotel brands: NUSTAR Hotel and Grand Summit Hotel.
Philippines-based Universal Hotels and Resorts Inc, the proponent of the complex, had mentioned in April last year, a 2022 soft opening for the project as a whole.
That nation is planning to open its borders to fully-vaccinated tourists from overseas, with effect from February 10.
Jul 27, 2023
May 03, 2023
Sep 21, 2023
Sep 21, 2023
Sep 21, 2023
Fitch Ratings Inc has affirmed the long-term issuer default rating of casino operator Genting Malaysia Bhd at ‘BBB’, an investment grade, according to a memo published on Wednesday. The ratings...(Click here for more)
”Genting Malaysia’s revenue rebound has been slower than our expectations, and the impact on leverage has been compounded by Empire’s weak metrics”
Akash Gupta, Shiv Kapoor and Hasira De Silva
Analysts at Fitch Ratings