“Yes, it will push through. It is already a big development. We will be launching early next year since the casino has already been built,” and was nearly finished, the businessman, who is also a former senator.
Philippine real estate businessman Manuel Villar, listed this year as the second richest Filipino by Forbes magazine, plans to launch a new casino resort complex in the country’s capital, Manila, in 2023.
However, while the casino will be just one of the attractions of the entertainment component, Villar said it is already attracting a lot of attention in the gaming world with some junket operators already applying for the right to bring in high rollers.
Duterte turned a blind eye to Beijing’s objections when Chinese offshore gambling firms rolled into town and flashed the cash
He added that they will be partnering with a foreign gaming company for the operation of the casino but declined to disclose the name of the company or its nationality.
Meanwhile, Villar said his flagship real estate firm Vista Land & Lifescapes Inc. will be more aggressive in launching residential projects in 2023 after noting that they had to scale down operations during the first three years of the pandemic.
