Progress on OKADA MANILA ®
With its world-renowned beach resorts, scenic environments and proximity to other Asian
countries, Manila Bay has been marked for being a prime location for a casino resort.
This alluring site shall be where we will present the world with the ultimate entertainment
offering ‒ a casino resort the likes of which the Philippines has never seen.

Concentrated expansion ofcasino resorts in Asia
Regardless of where in the world they are located,almost all famous resort destinations across the world
offer casino-centered entertainment. Casinos havebeen built in succession in Asia as well, most recently
in the Philippines.
Limitations on travel due to the COVID-19 pandemic
considerably impacted the casino market. However,
due largely to the lifting of those regulations and thereturn of domestic guests to casinos, the market iscurrently trending towards recovery. This includes thePhilippine market, which has nearly recovered to
pre-pandemic levels, and the number of overseas

about 2.46 million in 2022, it is projected to rise to 4.8

travelers entering the country is expected to keep

million in 2023 and recover to its pre-pandemic levelrecovering well into 2023.

of 8 million by 2025.

Rich tourism resources andCreating a new high-end resort for Asia

edge over competing regions

The Universal Entertainment Group obtained a provi-Surrounded by the ocean and boasting great scenic

sional license to operate a casino in the Philippines inbeauty, the Philippines consists of over 7,000 small

2008, followed by certiﬁcation as an Economic Zone

and large islands. Here, one can ﬁnd untouched(Tourism Ecozone) in 2010 to take advantage of local

nature, a warm climate, and a treasure trove oftax beneﬁts and receive permission to operate atourism resources. Daily life in developed countries

casino as a wholly foreign capital corporation. Inand areas such as metropolitan China can be extraor-December 2016, we ﬁnally commenced operation ofdinarily busy. Casino resorts in the Philippines areouranticipated to have enormous latent demand as

followed this with the acquisition of a regular license

getaway destinations for travelers from those areas.

for casino operations in 2022. At this IR, we have

Another huge draw in that regard is Philippine hospi-brought together a ﬁrst-class hotel, one of the world stality, which is part of the national character.

largest multicolor fountain attractions ( The Foun-

Compared to the competing location of Singapore,tain ), and an all-weather glass dome housing one of

Manilla takes about 3.5 hours from Shanghai andSoutheast Asia s largest night clubs and beach clubs

generally around 1.5 to 2.5 hours from China s other( Cove Manila ). Plus, by enhancing dining and retailprincipal cities. Being closer overall from Japan andofferings that are popular among domestic guests,

South Korea as well adds to Manila s competitive

we are expanding the scale of our operation in theadvantage over Singapore in terms of location.

mass market. We will keep on making OKADA MANILAIn pre-pandemic 2019, as many as 8.26 million foreign

one of the world s leading premier entertainment

tourists visited the Philippines. While this ﬁgure wasresorts.

OKADA MANILA

integrated resort (IR), and