Alliance Global Group which owns and operates the Resort World Manila integrated casino resort is planning to double the casino capacity at the gambling establishment.
Alliance Group’s new CEO, Kevin Tan, has said that they are going to increase the casino capacity at Resort World Manila as the gaming and gambling market in the Philippines is expanding and the increased consumer spending and tourism will trigger growth.
Talking about the expansion plan, Tan said that the property would expand the casino capacity this year. He also said that the Alliance group would be opening its second casino in 2021.
Talking about the prospects of the company’s second casino complex, Westside City, Tan said that it will also increase its revenue between 20 to 50 percent in the coming five years.
“Fundamentally, the Philippine economy is quite strong and consumption is also quite high,” Tan said. “We will see a lot of our businesses thriving in this kind of environment.”
Consumer spending in the Philippines has shot up by six percent in the first quarter of 2019. The next five years will be very exciting,” Tan said.
“I am very confident about how well Travellers will do and how much contribution it will have to our overall top line. Westside will easily double our capacity.”