PH Resorts Group Holdings Inc. (PHR), the gambling unit of Davao businessman Dennis Uy, on Thursday said it signed a letter of intent (LOI) with ASKI Japan Ltd., a junket and VIP gaming operator that shuttles Japanese players to different sites within Asia.
The company said the agreement signed on Wednesday by ASKI Japan CEO Nobuhiro Imigi and PH Resorts COO Jose Angel Sueiro will serve as basis for ASKI to be a potential junket operator in PH Resort’s Emerald Bay integrated resort in Mactan, Cebu.
ASKI Japan is an affiliate of Global Mix Corp., a provider of integrated resort and casino consulting services in Japan.
ASKI Japan provides junket and VIP gaming services for Japanese players within Asia, which include junket operations in Paradise City, Paradise Casino Busan in Korea as well as in two integrated resorts in Entertainment City in the Philippines under the Friday Club brand.
“We are very excited to get ASKI as a potential partner in the junket and VIP segment of Emerald Bay. The Japanese are no strangers to the Philippines, particularly Cebu, and we believe that Emerald Bay will be a very welcome attraction to them when it opens,” Sueiro said.
“We are looking forward to being strong partners with PHR in Emerald Bay. We want to be ready and hit the ground running when the tourism and gaming industry recovers from the pandemic. Our players are always looking for new and fun gaming destinations and Emerald Bay fits the bill with its convenient location just a few minutes from the airport and with a long and beautiful beachfront feature,” Imigi said.
Emerald Bay is currently under construction. Upon completion of the first phase, Emerald Bay will feature 122 gaming tables for mass, premium mass and junkets, 600 electronic gaming machines and 270 hotel room bays.
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