Following many months of negotiations and Asian hotel and leisure operator International Entertainment Corporation has reportedly announced that it has finally received conditional approval to transform one of its Philippines properties into a full-scale integrated casino resort.
According to a Tuesday report from G3Newswire, the Hong Kong-listed firm revealed that its Marina Square Properties Incorporated subordinate has been granted a provisional license by the Philippine Amusement and Gaming Corporation (PAGCor) regulator that is to see it bring casino gambling to an unnamed Manila venue. The source detailed that the authorization was received late last week with the undisclosed enterprise believed to be the New Coast Hotel Manila, which is located in the heart of the capital city’s Malate business district.
Existing association:
International Entertainment Corporation reportedly already leases equipment to PAGCor while moreover holding the Asian rights for a number of live poker events including those operated under the PokerStars brand from The Stars Group Incorporated subsidiary of online gaming and sportsbetting behemoth Flutter Entertainment. The Hong Kong-headquartered conglomerate moreover made approximately $22.14 million in May by offloading its controlling stake in English Championship football club Wigan Athletic and purportedly proclaimed that it now intends to ‘expand and upgrade’ the unidentified Manila hotel ‘by the establishment and operation of a casino and the development of an integrated resort’.
Coming consultation:
Choi Chiu Fai serves as Chairman for International Entertainment Corporation and he reportedly used an official company filing to declare that he is ‘pleased’ to have received the required conditional approval from PAGCor and now intends to commence negotiating ‘the terms of the provisional license agreement.’
Reportedly read a statement from Choi…
“As and when there is further development in relation to the provisional license agreement, the company will comply with all relevant requirements, and where necessary, make further announcements in accordance with the listing rules as and when appropriate.”
Play games casino online games refers to participating in casino-style games through an online platform. In essence, it combines the excitement of traditional casino games, like slots, blackjack, poker, and roulette, with the convenience of playing them online.
When you play games casino online, you can enjoy:
-
Variety of Games: Many online casinos offer a huge range of games, from popular slots to live dealer games, replicating the casino experience at home or on mobile.
-
Accessibility: Online casinos allow you to play anytime and anywhere, making it easy to enjoy your favorite games without traveling to a physical location.
-
Bonuses and Promotions: Online casinos often offer promotions, welcome bonuses, and rewards, enhancing your experience and providing extra funds to play with.
-
Real Money or Free Play: Most platforms offer options to play for real money or for fun, giving players the flexibility to test games before committing financially.
Online casino games bring the thrills and potential rewards of a real casino experience to your screen, with the added security, convenience, and bonuses that online platforms provide.
