Landing Philippines, a subsidiary of Landing International, has been granted a provisional licence by PAGCOR to establish and operate a casino within NayonLanding, an integrated resort to be developed at Entertainment City in Manila, the Philippines.
Upon the completion of the resort and PAGCOR's approval, a regular casino gaming licence will be issued. The provisional licence and the regular licence will both be valid for 15 years.
Pursuant to the provisional licence agreement, Landing Philippines has, among others, agreed to make an investment commitment of at least US$1bn for the development and operation of the resort.
The resort itself will be built on approximately 95,700sq.m of land. It will feature a Filipino cultural theme park, an indoor waterpark, an indoor movie-based theme park, a convention centre, luxury hotels, retail and dining areas, and other commercial and entertainment facilities.
The casino will have a gross floor area of approximately 28,000sq.m and feature a ‘‘sky casino’’ theme. Guests over the age of 21 will get the chance to play baccarat, blackjack, pontoon, roulette, Casino War, craps, stud poker, big and small, Money Wheel, pai-gow, pula at puti, slot machines, electronic gaming machines and poker.
