Suncity interested in Philippine casino resort
Suncity has unveiled its plans to enter the Philippine gaming market and operate an integrated resort in the country’s capital.
Philippines.- Hong Kong-based Suncity Group shared on Tuesday its plans to enter the Philippine gambling market. A deal signed by the company would allow them to operate a casino resort in Manila.
Suncity said in a statement that it acquired a majority stake in Suntrust Home Developers Inc, a Philippine company. They would co-develop, manage and operate a five-star casino resort in Manila.
“Outside of Macau the most decent city for gaming is Manila because of the scale, three international brands and facilities, airport. Quite convenient,” Andrew Lo, executive director at Suncity, told Reuters.
Suncity pushes for Osaka IR
Suncity Group is pushing to develop an Osaka IR should the region gets its own. For that matter, it announced a partnership with international architecture firm Aedas.
“Suncity Group hopes to create (in Osaka) the world’s first IR 2.0,” they explained. “A unique project combining Wakayama prefecture’s historical tradition, natural landscape and cultural essence.”
“Suncity Group has a clear understanding of IRs in various countries,” they highlighted. “(It) enables the group to utilise its resources and experiences in resorts management and present to the world the diversity of Wakayama.”
