Cebu To Target Oceanfront Gaming

Category: Tourism, Posted:30 May 2015 | 06:00 am

As the Philippines continues to reinvent their casino focus, the island destination of Cebu is looking to take on a massive oceanfront gaming project.
Makings news on ABS-CBN is the government controlled PAGCOR's confirmation that a USD1 billion resort complex on Mactan is under study.
The incoming potential investor is the duo of Macau Resources Group and US RiskWise.
Cebu, which has seen other Asian resort destinations like Bali and Phuket soar is aiming to drive demand from a casino niche.

Other News

MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]

More Insider News