The construction of Manila Bay Resorts, a multi-phase casino venue being developed by Tiger Resort Leisure and Entertainment in the Philippines, is on schedule, according to a top company executive.
The project is being constructed at Entertainment City in the Philippines capital Manila. Japanese pachinko and casino gaming entrepreneur Kazuo Okada controls Tiger Resort.
“The investment is on time. We will open our first phase, which is US$2.7bn, at the end of this year,” Tiger Resort president Steve Wolstenholme told reporters in Manila last week.
In September Tiger Resort was given an extension to its construction timetable for Manila Bay Resorts. The property is now scheduled to launch in December 2016.
“It will be something that is quite spectacular and the most significant investment that is happening in the Philippines. We will change how tourism is perceived here,” Wolstenholme added.
Tiger Resort earlier this month got a US$809.9 loan to “partially finance the costs” for the Manila Bay Resorts casino resort.
