Tagged Manila Bay Resorts

Okada Manila to hold preview today: Updated

December 21, 2016

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Casino project updates, Philippines

Today marks a ‘preview period’ for the Okada Manila, the newest gaming and entertainment resort to be located in the Philippines. The public will be able to take part in offerings provided by the venue beginnin...

Okada Manila to open next Wednesday

Lars Jones

December 14, 2016

Latest Casino and Gambling News, Casino proposals, Casino openings, New Hotels, Casino project updates, Philippines

The Philippines' largest integrated resort property, Okada Manila, will offer a soft launch and preview on December 21 with $2.4 billion invested so far in the anticipated $5 billion, 44-hactare (over 100 acre)...

Okada Manila set to open December 21

Sadonna Price

December 9, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Philippines

The $2.4 billion integrated casino known as Okada Manila is prepared to open in just a few weeks on 21 December. The venue is owned by businessman Antonio Cojuangco and Japanese business mogul Kazuo Okada. It w...

Universal Entertainment confirms Okada Manila Phase 1 Opening For December 2016

Renee Kingsley

November 15, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Philippines

Universal Entertainment which is led by Japanese tycoon Kazuo Okada recently confirmed that their $2.4 billion Okada Manila casino resort in the Philippines will open before the end of December 2016. The multi-...

Significant growth to be seen by City of Dreams Manila says Ocier

K Morrison

May 31, 2016

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Philippines

As the Philippine-based City of Dreams Manila benefits from a full year of operations and gaming promotions, Willy Ocier says the venue is expecting significant growth in 2016. The prospects in 2016 for the ...

Manila Bay Resorts on track to open late this year

Adam Morgan

May 27, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

The first phase of the $2.7 billion Manila Bay Resorts development is on track to open by the end of the year with operator Tiger Resorts Leisure And Entertainment confident about the project’s future, despite ...

Manila Bay Resorts developer secures loan deal

Adam Morgan

May 17, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

As it looks to complete construction of its $2 billion Manila Bay Resorts multi-phase hotel and casino development by the end of the year, Tiger Resort Leisure And Entertainment has secured a $809.9 million loa...

Bloomberry chairman Razon warns of oversupply in Manila casino market

K Morrison

April 22, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

On Thursday, Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr., warned that the opening of two additional gaming complexes within the next two years would produce an “oversupply” ...

Tiger Resort hires casino veteran Steve Wolstenholme as Chief Operating Officer

Renee Kingsley

September 10, 2015

Casino openings, Casino project updates, Asian Casino News, Macau, Philippines

Tiger Resort, Leisure and Entertainment Inc is currently in the process of developing Manila Bay Resorts, a multi-billion dollar project in the Philippines. The company recently announced that it had hired vete...

Kazuo Okada’s $2.2 billion financing plan moves Manila Bay Resorts towards completion

D. Graham

August 1, 2015

Latest Casino and Gambling News, Casino project updates, Hong Kong, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Philippines

Self-made Japanese billionaire Kazuo Okada has increased his investment assurance to $2 billion U.S. towards completing phase one of the integrated Manila Bay Resorts casino and entertainment complex. The Phili...

Okada’s Universal sells entire Manila land stake to local firm

Lars Jones

May 20, 2015

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

According to a filing with the Japanese Stock Exchange, Universal Entertainment Corp has sold it's entire 40% stake in Eagle II Holdco Inc, to Filipino firm All Seasons Hotels & Resorts Corp for $2.9 millio...

Okada Group confirms new partner who will help launch casino in Manila

Renee Kingsley

May 19, 2015

Casino project updates, Mergers, Acquisitions & Partnerships, Philippines

The Philippines is becoming one of the hottest destinations in Asia for gamblers as foreign enterprises continue to invest heavily into setting up mega-casino resorts in the country. The government of the Phili...

Century Properties drops suit against Okada

Sam Mitchell

May 15, 2015

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

On May 14th 2015, Century Properties Group Inc., a real estate company in the Philippines said that it would be terminating a lawsuit against companies controlled by Kazuo Okada, the Japanese gaming entrepreneu...

Tiger Resorts fails to meet construction deadline in the Philippines–forfeits $2.2 million

Renee Kingsley

May 12, 2015

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Philippines

When Tiger Resorts Leisure and Entertainment Inc decided to open up a mega casino in the Philippines it promised the Philippine Amusement and Gaming Corp (Pagcor) that it would complete the 2 billion dollar con...

Okada Group could lose over $2 million for failing to meet PAGCOR deadline

Lars Jones

March 13, 2015

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, Philippines

The Okada Group owned by Japanese casino mogul Kazuo Okada is in the process of constructing a massive $2.3 billion Manila Bay Resorts casino in Manila Bay, Philippines. The project is being developed by Tiger ...