Melco’s City of Dreams a “game changer” for Philippine gambling?

    Published in: Latest IntelligenceManila’s Entertainment City complex is set to get its second integrated resort by the end of the year, with the opening of Melco Crown Entertainment’s $1.4 billion City of Dreams Manila project seen as the start of a true gaming hub in the Philippines.The resort will be by far the largest in the country with more than 365 gaming tables, 1,700 slot machines and 1,700 electronic table games.“We believe the entry of MCP, with its City of Dreams Manila opening at the end of this year, will be a game changer to the industry,” JP Morgan analysts wrote in a recent note. “Locally, its diverse non-gaming offering with well-branded hotels, as well as clustering effect with Solaire would finally help Entertainment City to build the critical mass.”Melco Crown says its latest integrated resort will have a strategic mix of hotel brands, ensuring a “celebrity-inspired and fun-luxury experience.”...

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