PH Resorts Group’s Emerald Bay casino resort is set to open before the end of the year despite difficult market conditions.
The company said the new resort will target Asia’s growing gaming market.
“The company believes that Emerald Bay will be able to take advantage of this strong demand by providing an attractive gaming option for Philippine and regional mass market and VIP players, with its combination of high-end design, varied gaming and non-gaming offerings, five-star amenities and high-quality customer service,” said the company.
PH Resorts said it will be pushing for a soft opening by the end of 2021, whilst it will be fully complete in the second quarter of 2022.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.