Billion Dollar Project Coming to Manilla
The Philippines is known for its growing gambling industry. With the current growth, it will soon be one of the best places in the globe to go gambling. Megaworld Corp is a huge builder that is based in the area. They are collaborating with a casino firm in the area, Traveler’s International Hotel Group Inc., to launch a leisure and entertainment center in the big city of Manila. The total investment is said to be around $1.4 billion, and the massive casino will take up more than 76 acres of land. The mega center will be a gambler’s paradise. It will be in a popular location, as it will border the Resorts World Bayshore, which is still under construction. This casino is also owned by the Traveler’s International Company. They anticipate that it will be completed by 2018. Together, these two casinos will draw much attention from the outside area into this city.
Alliance Global owns Megaworld. The creation of Traveler’s International was based on the Philippines group Alliance Global Group Inc. They have a complex near the Manila International Airport. Megaworld said that the township is anticipated to be done by 2020, that is if things go according to their plan. It will be called Westside City and will have a variation of VIP apartments. The facility will also have a Grand Opera House that will be able to house up to 3,000 people, as well as a luxury shopping wall. It won’t be just a run of the mill establishment, this one is going to be made to impress.
Considered to be a mega-project, it will consist of a numerous premier hotels, including the Okura Hotels and Resorts. A playground for the rich and famous, no expense has been spared in the posh elements included. Once completed, the complex will have more than 1,500 elegant high-end rooms for rest and relaxation. Andrew Tan, from Megaworld made a statement regarding the new complex. He stated that they are excited to see West City showcased as a fine Manilla establishment.
The government has already given license for four incorporated casino resorts that will operate within the Entertainment City. The government plans to market these areas as a casino district that is very similar to the strip in Macau. The marketing area will be toward the mainland in China. They have collaborated with junket operators to help bring the gamblers, especially those that are VIP, to the mainland. Though the market will bring a great deal of locals, but inviting those from China that are known for the lined wallets, it will only increase the casinos profitability. Though it won’t be done for some time, may are excited, as it will open up new jobs for the area in abundance.
