{"id":777000300,"date":"2022-11-22T15:31:51","date_gmt":"2022-11-22T18:31:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777000300"},"modified":"2026-04-23T02:44:01","modified_gmt":"2026-04-23T05:44:01","slug":"megaworld-to-develop-new-resort-and-casino-in-manila","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/megaworld-to-develop-new-resort-and-casino-in-manila","title":{"rendered":"Megaworld to develop new resort and casino in Manila"},"content":{"rendered":"\n<p>Megaworld Corp will invest PHP15bn (US$261.34m) in a three-hectare integrated resort that will include a casino.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- <strong>Megaworld Corporation<\/strong>, an affiliate of the&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/travellers-international-hotel-group-posts-ggr-of-us139-88m-for-q3\" target=\"_blank\">Travellers International Hotel Group<\/a>, has announced that it will invest PHP15bn (US$261.34m) to build a new &#8220;integrated lifestyle community&#8221; in the Manila.<strong>&nbsp;Winford Resort<\/strong>&nbsp;will feature a mix of residential condominiums, hotels, commercial developments and a casino. <\/p>\n\n\n\n<p>The project will be built on the site of the former horse racing track, which the group purchased from&nbsp;<strong>the Manila Jockey Club&nbsp;<\/strong>for about PHP1.89bn (US$32.92m). According to the company,<strong>&nbsp;the development will be inspired by \u2018Old Manila\u2019<\/strong>&nbsp;with structural designs reminiscent of the pre-war era. Completion is expected in 2028.<\/p>\n\n\n\n<p><strong>Wilson Sy<\/strong>, first vice president and head of sales and marketing at Megaworld Manila, said: &#8220;This commitment to revive the old beauty of Manila will be apparent in the designs of the commercial developments of this community.&nbsp;<\/p>\n\n\n\n<p>&#8220;The beautiful architecture of the pre-war years will be seen in the Promenade, which is envisioned to become a major tourism destination in this side of Manila.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Megaworld Corp will invest PHP15bn (US$261.34m) in a three-hectare integrated resort that will include a casino.<\/p>\n","protected":false},"author":176,"featured_media":16426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Megaworld Corp, an affiliate of Travellers International Hotel Group, is investing PHP15bn (US$261.34m) to develop a three-hectare integrated resort, Winford Resort, in Manila, Philippines. The project, expected to complete in 2028, will feature residential, hotel, commercial, and a casino, built on land acquired from Manila Jockey Club.","focusai_entities":"Megaworld Corp, Travellers International Hotel Group, Manila Jockey Club, Wilson Sy, Winford Resort","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Projected GGR Contribution?","query":"What is the projected GGR contribution of the casino component to Megaworld's overall NGR upon completion, and how does this align with their capital allocation strategy?"},{"label":"Competitive Landscape Impact?","query":"How will this new integrated resort impact the competitive landscape and market share of existing casino operators in Manila, particularly given its affiliation with Travellers International Hotel Group?"}],"footnotes":""},"categories":[157,158,16333],"tags":[23907,24194],"class_list":["post-777000300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-land-based-casino","tag-travellers-international-hotel-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000300","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=777000300"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000300\/revisions"}],"predecessor-version":[{"id":777000340,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000300\/revisions\/777000340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16426"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777000300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}