I would guess this this is NOT good for EGT in that the super resort would further erode the $57 Consolidated WUD as some of those EGM players would opt for a newer, nicer venue. This is just one of FOUR casinos in Entertainment City
"Belle Grande Manila Bay will make available 15,000 to 20,000 square meters of gaming space in the next three years with a total of 1,600 slot machines, 300-320 tables and 1,500 hotel rooms.
Belle Grande Manila Bay forms part of the four-casino complex called Entertainment City that has been put together by Pagcor."
We will find out next year how this affects EGT...
"Benitez said the company has committed to infuse a total of $200 million in Belle Grande Manila Bay, which will have its soft opening in the fourth quarter this year or first quarter of 2012."