Manuel Villar Jr., a billionaire, is preparing to invest $1 billion in a new casino resort for Metro Manila

Billionaire Manuel Villar Jr. wants to turn the Global South shopping center in Metro Manila into an integrated casino resort, so he’s planning a major renovation of the area.

One of the Philippines’ greatest landowners, Manuel Villar also develops residential and commercial properties. Villar has lately announced to the media his intention to transform the 200-acre site formerly known as the Global South retail shopping complex into a casino entertainment attraction. With a net worth of almost $7.8 billion, Forbes ranks Villar as the second wealthiest person in the Philippines, more on OKBET Casino Today.

Partnership and Licensing

Villar said that he has had talks with international gambling companies about partnering on the resort’s casino in the coming months. He also mentioned that he wants his future casino resort to be as grand and expansive as the one in Solaire.

In 2019, Villar got a gaming license from the Philippine Amusement and Gaming Corporation (PAGCOR), but COVID put his 2019 ambitions on hold. PAGCOR approved Villar’s request to transfer his existing gaming license to his new Global South venture.

Can Resort Casinos Offer Online Gambling To The Philippines?

No. Philippine residents are prohibited from using the services of any domestic casinos in the Philippines. A Philippine Offshore Gaming Operators (POGO) license would allow resort casinos to provide online casino games, poker, and sports betting to customers in other countries but not within the Philippines.

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How Many New Casinos Are Coming To The Philippines?

As Metro Manila is the Philippines’ primary tourism hub, there are now plans for at least three additional casinos in the country. There is little question that the Philippines hopes to increase tourism and income by building more resorts and casinos that cater to gamblers.

We anticipate the gaming sector in Metro Manila, which is adjacent to the main airport and a popular tourist attraction, to expand in the near future to include many additional domestic casinos. Some could claim the sky is the limit in terms of population and tourism, but everyone who has visited Manila knows that we also construct resorts into the clouds.