Kazuo Okada to invest € 3.7 billion in Philippine Casino
The Japanese gaming tycoon Kazuo Okada is planning to invest a total of € 3.7 billion in Okada Manila, the third integrated casino resort to open doors as part of the larger Entertainment City project in the heart of the Philippine capital.
Philippines.- The complex is set to have a soft opening in November. This project will be rolled out in several phases and its first investment may reach € 2.7 billion.
Okada aims at raising the bar for the provision of gambling experience to costumers from the Asia-Pacific region and the rest of the world.
Okada Manila will feature a casino floor with 500 gaming tables and more than 3,000 slots machines. it will be the largest integrated resort to open doors in the Philippines. The complex is part of a major project introduced by the country’s government several years ago.
The 120-hectare Entertainment City will be home to a total of four such integrated hotel and casino resorts. Two of them – Solaire Resort and Casino and City of Dreams Manila, have already opened doors. Mr. Okada’s complex is set to have a soft opening in November. The fourth resort, Resorts World Bayshore, is likely to be launched towards the end of 2020.
Phase One of Okada Manila will also feature a Y-shaped hotel building with two wings, the Pearl and the Coral, with both of them providing visitors with excellent view of Manila Bay. The two wings will have 15 floors each and will offer a total of 993 luxury hotel rooms.
Tiger Resort COO Takahiro Usui said that Mr. Okada aims at building a complex that would be able to compete with what is currently offered in Macau and other parts of Asia.