Philippine’s operator PH Resorts Group has been given permission from PAGCOR, the Philippines gaming regulator, to delay the development of The Base, a casino resort based in Clark so it can concentrate on its Emerald Bay Resort and Casino in Cebu.
The Base was due to open in 2022 with 600 electronic gaming machines, 100 gaming tables and 400 hotel rooms along with shops and restaurants.
PH Resorts said the decision to delay had been taken ‘due to some lingering uncertainties surrounding the casino gaming industry, especially with more competition in the Clark, Pampanga location.’
The company said: “As present financial projections center on PH Resorts Group’s plans for the Emerald Bay project, the voluntary suspension of CGLC’s license will have no effect on current financial numbers. PH Resorts Group expects that the suspension will have little to no impact on business.”
Emerald Bay should open by the third quarter of 2022 with Phase 1 to include 122 gaming tables, 600 EGMs and 270 hotel rooms.