According to Cristino Naguiat, Pagcor’s CEO and Chairman

Entertainment City Manila to eclipse Las Vegas

2011-12-13
Reading time 34 seg
(Philippines).- The Entertainment City Manila project has the potential to attract more than one million tourists a year and claim at least a 10 % slice of the estimated us$ 120 billion-a-year global casino industry. The projection is made by Cristino Naguiat, Pagcor’s Chairman and CEO, the state-owned gaming company and regulator, in this month’s issue of Macau Business.

The plan, he says, is for casino operators at Pagcor City to tie-up with resorts and other attractions in other parts of the Philippines.

They would create package tours arriving in Pagcor City, moving to different attractions before returning to their hotels in Pagcor City and then flying out.

“Las Vegas is doing us$ 6 billion. Singapore is us$ 5 billion to us$ 6 billion. Definitely we will overtake them. That is how optimistic we are once everything is completed,” he says.

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