{"id":11584,"date":"2020-11-07T17:29:57","date_gmt":"2020-11-07T17:29:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=11584"},"modified":"2026-04-24T00:17:37","modified_gmt":"2026-04-24T03:17:37","slug":"iec-closer-to-new-manila-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/iec-closer-to-new-manila-casino","title":{"rendered":"IEC closer to new Manila casino"},"content":{"rendered":"\n<p>The company is reviewing the terms of its draft provisional casino licence from PAGCOR.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0International Entertainment Corporation (IEC) is a step closer to adding a casino to its Manila operation. <\/p>\n\n\n\n<p>It has now received the draft of the provisional licence agreement from the Philippine Amusement and Gaming Corporation (PAGCOR) and is reviewing the terms.\u00a0\u00a0<\/p>\n\n\n\n<p>In June, the firm, which operates New World Manila Bay Hotel and Casino through its subsidiary Marina Square Properties (MSPI), said it planned to redevelop an unnamed existing hotel to create a <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/iec-secures-licence-for-manila-casino\" target=\"_blank\">new integrated resort<\/a><\/em><\/strong> (IR) in the capital.\u00a0\u00a0<\/p>\n\n\n\n<p>The Hong Kong-listed Marina Square Properties has three hotels in Manila: the New Coast Hotel Manila, BGC, and Clark.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company is reviewing the terms of its draft provisional casino licence from PAGCOR.<\/p>\n","protected":false},"author":2,"featured_media":11586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"International Entertainment Corporation (IEC) has received a draft provisional casino licence agreement from the Philippine Amusement and Gaming Corporation (PAGCOR) for its Manila operations. This development signals a progression towards IEC's plan to redevelop an existing hotel into a new integrated resort, enhancing its gaming vertical presence. The company, through its subsidiary Marina Square Properties, currently operates the New World Manila Bay Hotel and Casino.","focusai_entities":"International Entertainment Corporation (IEC), PAGCOR (Philippine Amusement and Gaming Corporation), Marina Square Properties (MSPI), New World Manila Bay Hotel and Casino, New Coast Hotel Manila","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"PAGCOR Licence Terms","query":"What specific conditions or capital expenditure requirements are likely embedded within PAGCOR's draft provisional licence for IEC's integrated resort development?"},{"label":"IR Development Timeline","query":"What is the projected timeline for IEC's redevelopment of the unnamed existing hotel into an integrated resort, and what are the anticipated GGR contributions post-launch?"}],"footnotes":""},"categories":[28,16333],"tags":[29,23727,128],"class_list":["post-11584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-casino","tag-international-entertainment-corp","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=11584"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11584\/revisions"}],"predecessor-version":[{"id":11602,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11584\/revisions\/11602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11586"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=11584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=11584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=11584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}