{"id":777007732,"date":"2023-07-28T06:38:59","date_gmt":"2023-07-28T09:38:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007732"},"modified":"2026-04-22T19:34:19","modified_gmt":"2026-04-22T22:34:19","slug":"ph-resorts-in-talks-with-investors-about-emerald-bay","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ph-resorts-in-talks-with-investors-about-emerald-bay","title":{"rendered":"PH Resorts in talks with investors about Emerald Bay"},"content":{"rendered":"\n<p>The company is in talks with local and international investors.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- PH Resorts Group Holdings says it is in talks with both a foreign and a local investor that could potentially help it open its Emerald Bay Resort. The casino resort is one of two projects in the Philippines affected after\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/bloomberry-backs-out-of-cebu-and-clark-casinos-in-the-philippines\" target=\"_blank\">Bloomberry Resorts<\/a>\u00a0terminated an agreement to invest in them. <\/p>\n\n\n\n<p>President and CEO\u00a0<strong>Raymundo Martin Escalona<\/strong> said the company is in advanced discussions with a view to open <strong>Emerald Bay Resort Hotel and Casino <\/strong>as soon as possible. Emerald Bay is situated in Punta Engano, Lapu-Lapu City, Cebu, the resort has 146 gaming tables, 729 electronic gaming machines (EGMs), 780 hotel room bays and five villas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company is in talks with local and international investors.<\/p>\n","protected":false},"author":176,"featured_media":18122,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PH Resorts Group Holdings is in advanced discussions with both foreign and local investors to secure capital for the imminent opening of its Emerald Bay Resort Hotel and Casino in Cebu, Philippines. This development follows the termination of a prior investment agreement with Bloomberry Resorts, underscoring PHR's commitment to operationalizing the significant integrated resort featuring extensive gaming and hospitality amenities.","focusai_entities":"PH Resorts Group Holdings, Bloomberry Resorts, Raymundo Martin Escalona","focusai_location":"Philippines, Cebu, Lapu-Lapu City, Punta Engano","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.85), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Investor Due Diligence","query":"What specific due diligence criteria are the prospective investors applying, particularly concerning PHR's balance sheet, projected GGR, and regulatory compliance post-Bloomberry's withdrawal?"},{"label":"Operational Readiness Timeline","query":"What is the revised operational readiness timeline for Emerald Bay, and what are the key milestones and potential dependencies for securing the necessary B2C licensing and commencing operations?"}],"footnotes":""},"categories":[157,16333],"tags":[23807],"class_list":["post-777007732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-ph-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007732","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=777007732"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007732\/revisions"}],"predecessor-version":[{"id":777007744,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007732\/revisions\/777007744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18122"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}