Japanese gaming entrepreneur Kazuo Okada has pledged support to the Philippines government in a recent courtesy visit to the Speaker of the country’s House of Representatives, Pantaleon Alvarez.
Mr Okada (pictured in a file photo) is developing Okada Manila, a private-sector US$2.4-billion casino resort in Manila that is due to have a first-phase launch in December.
“Mr Okada discussed and re-affirmed his commitment to support the government in its efforts in supporting local employment and improving economic growth,” stated a press release from Okada Manila.
The release did not disclose when the meeting took place.
Okada Manila “aims to employ a total of 8,000 workers,” said the release.
The first phase of the project covers 22 hectares (220,000 square metres) of the overall 44-hectare plot in which the casino resort stands.
Under an earlier plan for Okada Manila – which originally had the working title Manila Bay Resorts – the casino property should have been completed by March 31, 2015. But the local casino regulator approved in June 2015 a new timetable that pushed back the completion of the venue to December 31, 2016.
Jan 22, 2018Landing International Development Ltd, the promoter of the Jeju Shinhwa World resort on South Korea’s Jeju Island, is working to attract independent travellers from North and Southeast Asia via...
Jan 22, 2018
Jan 22, 2018
Dec 29, 2017It could be 2024 before a casino resort is opened in Japan,...
Dec 27, 2017The year 2017 could prove to have been a turning point in...
Oct 25, 2017The deployment of radio frequency identification (RFID)...
”We expect Goa to quickly become a US$1 billion market as it transitions to land-based casinos (from US$150 million today), which is still just a fraction of India’s total GGR potential of US$10 billion to US$17 billion”
Analyst at Union Gaming Securities Asia