PH Resorts Group Holdings, Inc., the gaming and tourism holding company of the Udenna Group said it plans to open the first phase of Emerald Bay resorts by end of next year.
“Despite the challenges of COVID-19 we are diligently working on the completion of the first phase of Emerald Bay. Our team continues working to ensure to reduce project costs without sacrificing quality,” Jose Angel Sueiro, PH Resorts chief operating officer said.
“Our focus is getting Emerald Bay to open on time without cutting corners,” he added.
Emerald Bay will have a total of 146 gaming tables and 729 Electronic Gaming Machines (EGMs) as well as 780 hotel room bays and 5 villas. The first phase of Emerald Bay is scheduled to open by second quarter of 2022, but the management team is planning for an early opening by the end of 2021.
It will initially feature 122 gaming tables for mass, premium mass and junkets; 600 EGMs and 270 hotel room bays. It will then increase its gaming capacity and hotel rooms by 2022.
“We remain very committed to the long-term growth story of tourism and gaming in the Philippines,” Dennis A. Uy, PH Resorts chairman said.
“ While many challenges remain, we are confident of overcoming them as we see some recovery by the time the first phase of Emerald Bay is completed and opened to the public,” Uy added.