The Manila Bay Resorts at the Entertainment City will be developed by Tycoon John Gokongwei Jr. partnering with Japanese billionaire Kazuo Okada. Under the initial agreement, Robinsons Land will acquire a minority stake in Tiger Resorts, Leisure and Entertainment Inc. and majority stake in Eagle I Land Holdings Inc.
The final agreement is set to conclude on January 31, 2013.
The said magnificent resort will have hotels, restaurants, commercial facilities, a budget hotel, residences, Vegas-style water fountain and an enormous indoor pool with real sand beach covered by a huge glass dome.
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PH payments give US casino regulators new focus in Wynn-Okada feud
Wednesday, December 12, 2012
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