"The addition of the Crown Towers hotel brand in Manila is another example of Crown's strong relationship with Melco Crown Entertainment and recognition of the unique opportunity City of Dreams Manila offers to further expand the Crown brand throughout Asia, helping us to realize Crown's vision of being a leading global luxury brand, with a focus on the broader Asian market. James Packer, Co-Chairman of Melco Crown Entertainment.
Insight CITY OF DREAMS MANILA
electronic table games with reference to the number of hotel rooms in operation at the resort.
The regulatory revisions allow for an increased number of gaming tables, additional bonus junket tables and electronic gaming machines provided that various size thresholds for hotel rooms, room suites and villas are met. As a result of these regulatory revisions, City of Dreams Manila is now anticipated to be able to operate up to approximately 365 gaming tables, 1,680 slot machines and 1,680 electronic table games upon opening. This compares to 242 gaming tables and 1,450 electronic gaming machines (including both slot machines and electronic table games) which were previously anticipated to be in operation at City of Dreams Manila.
Clarence Chung, Chairman of Melco Crown Philippines, said: "PAGCOR's decision of gaming positions allocation based on both quality and size of hotel rooms demonstrates its forward-thinking approach to ensure integrated casino resorts in Entertainment City, Manila, possess adequate amenities which are of a quality and scale necessary to contribute to the long term success of Entertainment City.
"The meaningful increase in gaming positions at City of Dreams Manila supports the brand mission and vision of delivering a superior product to the Philippines entertainment and gaming market. We strongly believe this favourable revision would further differentiate us from our competition and make City of Dreams Manila an internationally competitive leisure and tourism proposition which will cater to the fast growing Asian middle class. We look forward to working closely with PAGCOR and the Philippines Government to support and contribute to the growth of the leisure and tourism industry in the Philippines."
Upon completion around the middle of 2014, the resort complex located on an approximately 6.2-hectare site at the gateway to Entertainment City will include the ultimate in entertainment, hotel, retail and dining and lifestyle experiences with approximately 20,100 sq. meters of aggregated gaming space, VIP and mass-market gaming facilities.
4 1
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76