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City of Dreams Manila


operated by Melco Resorts Philippines, opened in 2015. It covers a 6.2-


City of Dreams Manila operated by Melco Resorts Philippines, opened in 2015. It covers a 6.2-hectare site with six hotel towers including three hotel brands – the Nuwa, Nobu and Hyatt – a total of 950 rooms, dining outlets and the iconic Fortune Egg which was opened in 2019 and houses the VIP gaming areas and nightclub.


Tere are four entertainment venues – the DreamWorks Family Entertainment Centre; CenterPlay in the main gaming area plus K-Golf and the Garage VR zone. Te gaming area currently has (June 2020) 301 tables, 1,966 slots and 307 electronic table games.


In 2019 total net operating revenues for City of Dreams amounted to P31.3bn of which P24.7bn came from the casino (the remaining non- gaming).


Q2 (end June 2020) revenues saw a total of P387.2m in total net operating revenues (P9.17bn in Q2 2019) of which P291.3m was from the casino gambling (P7.5bn in Q2 2019). Te net loss for the Q2 period was P2.4bn.


Okada Manila, formerly Manila Bay Resorts, is a project developed by Tiger Resorts Leisure and Entertainment (a subsidiary of Universal Entertainment Corporation) which opened at the end of 2016 and covers a 42-hectare size.


P66 NEWSWIRE / INTERACTIVE / MARKET DATA


hectare site with six hotel towers including three


hotel brands – the Nuwa, Nobu and Hyatt – a total of 950 rooms, dining outlets and the iconic


Fortune Egg which was opened in 2019 and houses the VIP gaming areas and nightclub.


Te casino houses approximately 3,000 EGMs and around 500 gaming tables with 70 tables linked in an Asian progressive jackpot system. Te hotel has almost 1,000 luxury rooms and suites plus there is a fitness and retreat spa, over 60 retail outlets and the iconic dancing water fountain.


Universal saw total net sales in 2019 of ¥124.9bn made up of their pachislot/pachinko sales with ¥51.6bn and the IR business (Okada Manila) with net sales of ¥71.4bn.


Q1 2020 net sales for the IR business amounted to ¥15.7bn (a 6.3 per cent drop on Q1 2019)


whilst Q2 2020 (six months ending June 2020) saw net sales for the IR business of ¥16.09bn, a decrease of almost 49 per cent year on year.


CLARK AND FIESTA Other licensed casinos in the Philippines


include those in the Clark Freeport and Special Economic Zone which is an area spanning the city of Angeles and provinces of Pampanga and Tarlac in Central Luzon region.


It is divided into two zones, the Clark Freeport Zone and Clark Special Economic Zone. Te first covers the area of a former US military air base and emerged from volcanic ashes when it was developed after the Americans left in 1991 following the eruption of Mount Pinatubo. It was designated a Freeport Zone in 2007.


Central Luzon is one of the leading growth areas in the Philippines and is just 66km from Metro Manila. Tere are seven provinces within the region and 12 cities and it is strategically located and is the country’s third largest region in terms of population.


Te Clark International Airport is now said to be four times larger than Manila’s Ninoy Aquino airport and is the driving force behind development in this area. Te original terminal was expanded back in 2008 to accommodate one million passengers per year. Since then


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