Provisional license for fifth Entertainment City integrated casino resort

Chinese property company, Landing International Development Limited, has declared that one of its subsidiaries has been awarded a provisional gaming permit for its new integrated casino resort it is planning to build from the Philippines.

Hong Kong-listed Landing International Development Limited revealed through a formal filing (pdf) that its wholly-owned Landing Resorts Philippines Development Corporation subordinate had obtained the permit in the Philippine Amusement and Gaming Corporation regulator on Wednesday and now plans to hold a revolutionary ceremony for the forthcoming $1.5 billion development on August 7.

New venue to be termed NayonLanding:

Landing International Development Limited explained that the coming venue, which has been christened NayonLanding, will be constructed on 23.6 acres of land in the Entertainment City area south of Manila and attribute over 3.5 million sq ft of floor area. The company detailed that the envisioned facility would be to feature a set of theme parks and a indoor water park along with a 301,400 sq ft casino offering a group of slots and electronic gaming machines in addition to games of poker, blackjack, baccarat, roulette and craps.

Already responsible for its expansive Jeju Shinhwa World integrated casino resort in South Korea, Landing International Development Limited stated that its plan for NayonLanding additionally calls for the construction of a multitude of dining and retail options along with luxury hotels, a conference center and ‘other commercial and entertainment facilities. ’

Development to open in early-2022:

Yang Zhihui, Chairman and Executive Director for Landing International Development Limited, utilized the filing to declare that his company hopes to start welcoming guests to NayonLanding by early-2022 while its 15-year gaming permit will be valid until at least July of 2033.

“The regular license may be renewed subject to the same terms and conditions of the provisional permit. Unless otherwise agreed to by the Philippine Amusement and Gaming Corporation, Landing Resorts Philippines Development Corporation Can’t engage in video streaming or Internet gaming. ”

Closing casino match to be agreed:

Zhihui additionally used the statement to clarify that his company hasn’t yet determined how many gaming tables, slots and digital gaming machines it’d like to offer in the coming NayonLanding casino, that is to be open to anybody over the age of 21, but will shortly find approval for such a ‘master development plan’ in the Philippine Amusement and Gaming Corporation.

Zhihui’s statement further read…

“The integrated resort will appeal to guests of all ages to explore and observe Filipino culture, heritage and beauty in addition to supplying a world-class amusement and shopping destination which can attract visitors from around the world. ”

Latest casino for Entertainment City:

The 1,976-acre Entertainment City district welcomed its first integrated casino resort in 2013 after the debut of the Solaire Resort and Casino in the Bloomberry Resorts and Hotels Integrated subsidiary of Manila-listed Bloomberry Resorts Corporation. This was shortly followed by local company Belle Corporation in partnership with all Melco Resorts and Entertainment Limited opening the nearby City of Dreams Manila development while December of 2016 saw the Tiger Resort, Leisure and Entertainment Incorporated subordinate of Japanese company Universal Entertainment Corporation begin welcoming guests into its giant Okada Manila venue. The reclaimed area sits only about a 15-minute drive from Manila Ninoy Aquino International Airport and is also due to host the Resorts World Westside City land from Megaworld Corporation as soon as 2021.