Operator News
Philippines – PAGCOR gives Filinvest a licence for $200m Mimosa casino
By Phil - 6 April 2018
PAGCOR, the Philippine Amusement and Gaming Corporation, has given the green light for Filinvest Development Corporation to build a $200m casino close to an airport in Mimosa, Clark, in the northern province of Pampanga.
Filinvest has been given a provisional license to build a casino as part of a project called The Filinvest Mimosa + Leisure City which will be located close to the Clark International Airport on the Clark Special Economic Zone.
The licence has been issued to one of Filinvest’s subsidiary Mimosa Cityscapes.
FDC President and CEO L. Josephine Yap, said: “We thank PAGCOR for granting Filinvest Mimosa + Leisure City the provisional license. They have been very efficient and helpful since we submitted our application and all the necessary requirements in 2017. We look forward to a fruitful partnership with them. We believe that this is a worthy investment. Now that we have secured the provisional license, we foresee further upsurge in tourist arrivals upon completion of the various project components. Its enviable location close to Clark International Airport makes it accessible to both domestic and international tourists.”
The blueprint includes a mall, five-star hotel and events venue, and will see the redevelopment of the existing Quest Hotel.
“Filinvest Mimosa Plus (+) Leisure City is envisioned to become the lifestyle destination north of Manila. Its enviable location close to Clark International Airport makes it accessible to both domestic and international tourists. Now that we have secured the provisional license, we foresee further upsurge in tourist arrivals upon completion of the various project components. It is our intention to work with a leading casino operator who will align with our vision of a premiere destination. Visitors can look forward to Filinvest Mimosa + Gaming Estate with its offering of topnotch casinos and boutiques, among others,” Yap added.
