Manuel Villar Jr. recognized as the Philippines‘ wealthiest individual, is poised to make a significant entry into the casino industry with the planned opening of his first gaming venue in mid-2025. This move represents Villar’s inaugural venture into the lucrative gaming sector, with an ambitious $1 billion investment aimed at establishing two integrated casino resorts.
The initial facility is set to occupy the redeveloped 18,000-square-meter Vista Mall Global South located along the C5 Extension in Las Piñas. This strategic positioning benefits from its proximity to the Brittany Hotel Global South, formerly known as the Mella Hotel Manila, another property under the Villar Group’s extensive portfolio. Villar expressed confidence in the project, stating that the infrastructure is already in place and that it would involve converting the existing mall structure, according to The Philippine Star.
While specific details such as the number of gaming tables remain undecided, Villar’s vision for this venture is clear. He described his readiness to proceed, likening the preparation to having a “canvas ready” for the final artistic touches. This deliberate approach indicates a focus not only on the scale of the operation but also on ensuring quality and strategic offerings to potential visitors.
Villar’s planned casino boasts a significant locational advantage, being closer to Ninoy Aquino International Terminal 1 compared to other casinos situated within Entertainment City in Parañaque. This proximity is expected to attract visiting casino players, providing easier and more convenient access.
Second Casino Planned
Furthermore, Villar has revealed plans for a second casino within the heart of Villar City, his most ambitious property development yet. Villar City, a massive 3,500-hectare mixed-use estate, will span 15 towns and cities in Metro Manila and Cavite. This sprawling development is set to include a variety of anchor projects such as an amusement park capable of hosting large events like a Taylor Swift concert, schools, cultural centers, museums, and more, thereby creating a comprehensive community hub.
This development follows the lifting of a moratorium on new casino licenses set by former president Rodrigo Duterte in 2018, which was eventually lifted in 2021. The Villar Group was able to secure a casino license prior to this moratorium, which has allowed them to proceed with these grand plans.
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a significant growth in the country’s gaming industry, with gross gaming revenue increasing by 19.21% to PHP194.743 billion ($3.3 billion) in the first half of 2024 compared to the previous year. This growth underscores the potential of the gaming sector in the Philippines and highlights the timely nature of Villar’s investment.
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