Kazuo Okada to invest $4 Billion to His Casino Resort in Philippines

By | July 20, 2016

Kazuo Okada to invest $4 Billion His Casino Resort in PhilippinesKazuo Okada, a gaming investor and tycoon from Japan is planning to invest at least $4 billion to his Casino in Philippines. Okada Manila hotel was re branded from Manila Bay hotel and it will now be the third integrated casino in the heart of Asian country i.e. Philippines.

The casino complex is expected to get an opening ceremony in November 2016. There are plenty of entertainments projects (casino) are currently in process in the region, but it is Okada Manila getting that kind of investment from its investor. The phase one of this project is expected to have an investment of an amount $3 billion.

Mr. Okada owns the prestigious Hotel and casino in association with and Philippine subsidiary Tiger Resort Leisure and Entertainment Inc and both of the parties are looking forward to make this place a grand in Asia and pacific region. According to the reports by them, this multi billion investment will definitely bring more visitors and players to this world class casino destination.

The Hotel & casino will feature a new casino floor and that would have a space for 500 gaming tables+ more than 3,000 slots machines. It is simply superb and one of the largest playing area in the world. Total area of this new expansion will be around 44 hectare.

 

Several years ago the government of Philippines decided to promote casino in the heart of the city and this is why all the developments are taking place. Total area of the entertainment zone is around 120 hectare, out of which the Okada Manila is investing in 44 hectare.

Two casinos named as Solaire Resort and Casino and City of Dreams Manila are currently in operation in the area, whereas the new Okada manila is expected to be operated from November this year and hence there would be three casinos operating integrated in the zone.

Meanwhile the fourth casino owned by billionaire Andrew Tan and Malaysian tycoon Lim Kok Thay and named as Resorts World Bayshore will be launched by 2020.

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