Villar makes bet on casino business

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Manuel Villar Jr. News

Tycoon Manuel Villar Jr., the country’s richest man, is set to open his casino next year, as he rolls the dice on the lucrative gaming sector for the first time.

MANILA, Philippines —

He has not yet decided on the name of the casino as well as on the number of rooms and gaming tables.Villar said the first of the two casinos would open on the redeveloped 18,000-square-meter Vista Mall Global South situated along C5 Extension in Las Piñas. Asked about the viability of opening a new casino given the competition from the 100-hectare Entertainment City, Villar said his planned casino is closer to the Ninoy Aquino Terminal 1 compared to other casinos in Entertainment City in Paranaque.Aside from this, he plans to put up a second casino at the heart of Villar City, which is his most ambitious property development to date

Villar City will span 15 cities, namely: Taguig, Las Pinas, Paranaque, Muntinlupa, Bacoor, Dasmarinas, Imus, San Pedro, General Mariano Alvarez, Silang, General Trias, Tanza, Trece Martires, Carmona, and Tagaytay.

 

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