July 24, 2020

Philippines: Dennis Uy eyes Cebu casino

Philippines: Dennis Uy eyes Cebu casino

Manila, Philippines –PH Resorts Group Holdings Inc., owned by Dennis Uy, is working towards opening the Emerald Bay Casino in Cebu by the second quarter of 2022.

“Despite the challenges of Covid-19, we are diligently working on the completion of the first phase of the Emerald Bay. Our team continues working to ensure reduced project costs without sacrificing quality. Our focus is getting Emerald Bay to open on time without cutting corners,” Jose Angel Sueiro, PH Resorts chief operating officer, said during the company’s annual shareholder’s meeting last Wednesday.

Emerald Bay will feature a total of 146 gaming tables and 729 electronic gaming machines (EGMs). It will also have 780 hotel room bays and five villas.

The first phase of the project is scheduled to open by the second quarter of 2022, but the management team is aiming for an earlier opening date, particularly by the end of 2021. This will initially feature 122 gaming tables for mass, premium mass and junkets, 600 EGMS and 270 hotel room bays.

It will eventually increase its gaming capacity and hotel rooms by 2022.

“We remain very committed to the long-term growth story of tourism and gaming in the Philippines. While many challenges remain, we are confident of overcoming them as we see some recovery by the time the first phase of Emerald Bay is completed and opened to the public,” Uy said.

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