{"id":29704,"date":"2022-05-09T11:27:05","date_gmt":"2022-05-09T14:27:05","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29704"},"modified":"2026-04-23T08:53:10","modified_gmt":"2026-04-23T11:53:10","slug":"nustar-resort-and-casino-opens-its-doors-on-cebu-island","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nustar-resort-and-casino-opens-its-doors-on-cebu-island","title":{"rendered":"NUSTAR Resort and Casino opens its doors on Cebu island"},"content":{"rendered":"\n<p>The IR was expected to open in March but was delayed due to the Covid-19 Omicron variant.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nustar-resort-and-casino-to-launch-five-star-venue-in-may\" target=\"_blank\">NUSTAR Resort and Casino<\/a>, a tourist complex on Cebu, opened its doors at the weekend, becoming the first upscale IR on the island.<\/p>\n\n\n\n<p>The resort will eventually have three hotel towers. Tower 1 will be super high-end, Tower 2 will be five-star and Tower 3 will be for the MICE market. The final casino will have a total area of \u200b\u200b21,000 square meters and will eventually include 1,500 slot machines and 500 tables.<\/p>\n\n\n\n<p>Most gaming venues on the island are small VIP clubs, with the largest existing property being the Waterfront in Cebu City, run by the Philippine Amusement and Gaming Corporation (PAGCOR).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">PAGCOR expects to double gross gaming revenue this year<\/h2>\n\n\n\n<p>PAGCOR chairman and CEO&nbsp;<strong>Andrea Domingo&nbsp;<\/strong>has told Philstar that PAGCOR\u2019s annual GGR could reach around PHP60bn to PHP65bn,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-net-income-down-87-in-2021-due-to-covid-19-restrictions\" rel=\"noreferrer noopener\">almost double what it was last year<\/a>. She added that GGR could reach between PHP25bn and PH35bn by the end of the first half.<\/p>\n\n\n\n<p>Domingo said the&nbsp;<strong>economy was picking up after borders opened<\/strong>. She added: \u201cThere are a lot of foreigners coming in now to play because we have casinos, where foreigners predominantly play and where very few Filipinos do a lot of heavy betting.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IR was expected to open in March but was delayed due to the Covid-19 Omicron variant.<\/p>\n","protected":false},"author":176,"featured_media":20663,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"NUSTAR Resort and Casino has commenced operations in Cebu, Philippines, marking the island's inaugural upscale Integrated Resort. This opening coincides with PAGCOR's projection of a near doubling of the nation's Gross Gaming Revenue (GGR) to PHP60bn-PHP65bn for the current year, driven by border reopenings and a resurgence in foreign visitation. The new IR significantly expands the gaming capacity in Cebu, a market previously dominated by smaller VIP clubs.","focusai_entities":"NUSTAR Resort and Casino, Philippine Amusement and Gaming Corporation (PAGCOR), Andrea Domingo, Waterfront","focusai_location":"Philippines, Cebu, Cebu City","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"NUSTAR Market Impact","query":"What is the projected cannibalization effect of NUSTAR Resort and Casino on existing gaming venues in Cebu, particularly PAGCOR-operated properties, given its upscale positioning and expanded capacity?"},{"label":"PAGCOR GGR Drivers","query":"Beyond border reopenings, what specific policy or operational initiatives by PAGCOR are contributing to the anticipated doubling of GGR, and what are the underlying assumptions for sustained foreign player influx?"}],"footnotes":""},"categories":[28,16333],"tags":[23632],"class_list":["post-29704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29704","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29704"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29704\/revisions"}],"predecessor-version":[{"id":29710,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29704\/revisions\/29710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20663"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}