In the Philippines and Subic Bay Freeport Zone is now reportedly home to two casinos following the Monday soft launch of a new gambling facility inside the luxurious Subic Bay Yacht Club.
According to a Thursday report from Inside Asian Gaming, the new $10 million casino is due to stage its official grand opening before the end of the month and will eventually feature a selection of some 169 slots alongside 43 gaming tables offering a range of baccarat, pai gow, pontoon, roulette and blackjack titles.
Manuel Antonio Sequeira, Chief Executive Officer and President for local property development firm Volare Grandezza Incorporated, reportedly told Inside Asian Gaming that the new casino offers inspiring sea views and intends to premiere in-house junket operations from January before inking analogous arrangements with partners from across the whole of Asia.
Sequeira reportedly told Inside Asian Gaming…
“Subic Bay is a safe haven in the boating world and we have mega-yachts coming in on a weekly and monthly basis to use Subic Bay as their base. We have everything from Russian mega-yachts measuring 200 meters and above to mega-ships coming in from China; the smallest being 3,800 people and the biggest 5,200 guests, which is a huge market. So, we saw an opportunity that this yacht club would be a great base to host a casino. We are positioning ourselves very much as a boutique casino and we are only the second yacht club in the world to have a casino after Hobart in Australia.”
The site of a former base for the United States Navy, the duty-free Subic Bay Freeport Zone is located approximately 68 miles west of Manila and had already featured the Venezia Club Casino from the state-run Philippine Amusement and Gaming Corporation (PAGCor) as well as a trio of golf courses. Sequeira reportedly told Inside Asian Gaming that he believes the new Philippines casino inside Subic Bay Yacht Club is certain to become popular with those initially attracted by the area’s boating and yachting culture.
“The fishing here is fantastic and just 20 minutes out by boat we have coves that you will drool over with pristine sands that are unreachable by road, a 1.2-mile beach with nobody else around and clear clean water. It’s something we can produce that nobody else can.”