The head of PAGCOR supports the Manila-Strip casino concept

28 September 2018

PAGCOR Chairman and CEO Andrea Domingo supported the idea of creating a casino complex on the territory of the Entertainment City in Manila, following the example of the Las Vegas Strip or the Cotai-Streep in Macau.

However, this idea is unlikely to become a reality in the near future due to resistance from the operators.

"The four casino resorts which already operating in this territory do not want to have another competitor. They ask for a five-year moratorium, so that the industry has time to get stronger. And they have achieved their goal - until the end of February 2022, no new casino operator will be able to start operations on this territory," - Domingo said.

Earlier, the president of the Philippines Rodrigo Duterte brought Landing International, the fifth potential operator, to the black list, announcing a $1.5 billion deal to build a $1.5 billion NayonLanding casino resort. In August, literally on the foundation day, Duterte dismissed the entire board of directors of Nayong Pilipino Foundation, a local partner of Landing.

Domingo has added that she can not say for certain whether there will be new operators in the Entertainment City, due to the limited land resources.

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