Bagong Nayong Pilipino Entertainment City Manila
As one of the priority projects of government, the Bagong Nayong Pilipino Entertainment City Manila project will have the following contributions toward national economic development:
a. Boost tourism and increase influx of tourists. It is estimatedthat more than a million additional tourists per year can be attracted as a result of this project.
b. Employment generation will be substantial. Direct employeesof the hotel entertainment complex upon full operation will exceed40,000 Filipinos, all of whom will be at income levels at par with other hotel casino complexes in the region, and salaries of whom shall be in United States Dollars (USD). In addition to the directemployment, indirect employment of support operations could amount to 150,000 additional jobs.
c. Increased earnings for the national government. It is expectedthat the project could generate gross revenues of several billion US$ per year upon full implementation and could triplethe present annual income generation of CASINO FILIPINO from US$500 million to US$1.5 billion, thus dramatically increasing the income of the National Government to whom all CASINO FILIPINO revenues accrue. Read More
Mr. EFRAIM C. GENUINO
Chairman and Chief Executive Officer
Philippine Amusement and Gaming Corporation
5th Floor, CASINO FILIPINO Corporate Office
Hyatt Hotel and Casino Manila
1588 Pedro Gil corner M.H. del Pilar Sts.
Malate, Manila