Wynn Win for Pagcor E-City
March 27, 2007 at 9:26 am 7 comments
You’ll know that the Pagcor dream of creating a Las Vegas on Manila Bay will come closer to reality when one of the Big Boys actually signs a contract or joint-venture agreement with the state gambling monopoly. For the optimists, there’s recent news that Wynn Resorts, Ltd. (annual sales: US$1.4 billion and market cap of US10.3 billion) is interested. Given the Pagcor E-City’s ambitions, only those in the billion bracket (dollars, not pesos) can undertake this. But right now, it’s all just talk-talk, in contrast to Macau where it’s build-build-build.
Tim Shiah, a representative of Jack Binion of Wynn Resorts, said the company is “committed to look at all opportunities in the Philippines.” Jack Binion runs the international operations of the hotel casino chain, the first of which was Wynn Macau.“Wynn Macau is actually looking into the Philippines. Jack Binion is director of Wynn International that’s why he’s been down here for the last couple of years and they’re looking [around],” Shiah said at the Asia Gaming and Entertainment Expo briefing.“You know the biggest asset in the Philippines—and I can’t preach this loud enough—is the people here, the workforce,” he added.Hotel chain owner Steve Wynn and Binion had talked about duplicating Wynn Macau in the country, Shiah said, adding that the renewal of the license and eventual amendment to the charter of Pagcor would make it easier for the group to enter the local gaming scene.
Entry filed under: ALL, Asia, Baccarat, Blackjack, Casino Games, Gambling, Leisure & Resorts, Pagcor, PhilWeb, Sports Betting.
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Games, Chances, Odds 
1.
samahang pilipino casino hull canada | April 20, 2007 at 11:40 pm
We are supporting pagcor city.Lets do it and build it for our future love country.
2.
samahang pilipino casino hull canada | April 20, 2007 at 11:40 pm
no comment
3.
eddy | April 21, 2007 at 1:44 pm
the world has starting to notice. manila and the philippines as one of the best place to invest. with it’s natural beauty and been in the center of s.e asia and surrounded by powerful nations from japan to new zealand. i think it’s just right to take advantage of this opportunity. to upright the economy and touristry of this beautiful country.
4.
Pinoy Gambler | April 24, 2007 at 3:15 am
PAGCOR should set stringent conditions and criteria on selection of operators that will be allowed to set up shop in the Entertainment City – a Las Vegas in Manila – top notch facilities, attractions and services will require huge amounts of capital investment – and only the big boys already invested in places like Las Vegas and Macau can command such capital resources. PAGCOR should also impose quality and design guidelines and maybe some cultural attractions, too – people will need to be entertained in the Entertainment City – not just pure gambling. The seedy bands and bars will not pass in the entertainment city – c’mon folks.
5.
nico | December 17, 2007 at 9:58 am
they should do this city someplace else such as subic or batangas because it would congest manila even more.
6.
cornelio estillore | December 23, 2007 at 2:54 pm
This plan would certainly paving the Philippines back to its circle, the country was once economic progress second to Japan, in the business world in the international realm. I vehemtly believe that this is beginning of new economic reconstruction. The Philippines is stragetically ideal in the international market, being the crossroad in Asia. Besides, its natural wealth-warm and hospitable people, excellent workforce, God givin natural beauty-beaches, natural wonders and scenic beauty. With in the 10 years from now the country would be back to its original tract.
7.
ryan | April 11, 2008 at 7:34 am
All I Want is Philippines must build a high sky scraper in the whole universe. where was SM Robinsons. They love to build Malls. If you combined their buildings. The dream of Filipinos will be held.