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Philippine Tycoon Gets Aid from Okada Manila Owner to Complete Cebu Casino Project

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 Jet
(@jet)
Reputable Member
Joined: 4 years ago
Posts: 137
Topic starter  

Dennis Uy, a businessman from Davao, controls PH Resorts Group Holdings. The company announced that it has agreed to sell a majority interest to the owner of Okada Manila about its delayed casino resort project in central Cebu, Philippines.

Emerald Bay Resort and Casino in Mactan, Cebu, is now under construction, and PH Resorts will be able to finish the project thanks to the tentative deal that was struck last week with Tiger Resort Leisure and Entertainment, the parent company of Okada Manila. Retail stores, a casino with 700 electronic gaming machines and 140 tables, and a five-star beachfront hotel with 642 rooms spread across two 15-story buildings are all part of the integrated resort.

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Gary Robinson
(@ann4phi2)
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Joined: 4 years ago
Posts: 148
 

Does this facility offer online wagering? not sure what the policy in that country is when it comes to online casino gaming and wagering.

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 Jet
(@jet)
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Joined: 4 years ago
Posts: 137
Topic starter  

I don't think it will offer online wagering. 

However, the latest news is that the acquisition fell through. Thus, the PH Resorts Group is looking for other interested parties. 

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Andie Edwards
(@andiespeaks)
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Joined: 9 months ago
Posts: 37
 

Posted by: @ann4phi2

Does this facility offer online wagering? not sure what the policy in that country is when it comes to online casino gaming and wagering.

 

Online wagering in that country is quite complicated, I heard. Looks like conflicting regulations or laws that require more fine-tuning is needed.

 

I appreciate all of the help I can get as I work my way to run a long-term and successful business. From the day that I learned how to open a sportsbook to now, there is definitely a lot I now know from experience. It does not mean I will stop learning, though.


   
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