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LIDL wins license to operate casino resort in Manila

Niji Narayan

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LIDL wins license to operate casino resort in Manila
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Landing International Development Ltd (LIDL), a Hong Kong-based investment company that operates casinos, has obtained provisional approval to construct a $1.5b resort casino in Manila.

The company will be operating the resort in Manila’s Entertainment City gaming zone through its subsidiary Landing Resorts Philippines Development Corporation.

The agreement between LIDL and the Philippine Amusement and Gaming Corporation (PAGCOR) is for operating the resort for 15 years term from the date issued or until 11 July 2033. As of now the license does not allow LIDL to offer video streaming or internet gambling, unless PAGCOR declares otherwise.

LIDL has committed to spending at least $1b (and likely up to $1.5b) on its Entertainment City venue, which the company hopes to open by “early 2022.” The company has scheduled a groundbreaking ceremony on the development site on August 7.

The company cautioned that the project’s fate was contingent upon it receiving “other approvals” necessary to commence construction, “and these may or may not be granted.” Ordinarily, this is a boilerplate clause, but in LIDL’s case, nothing can be taken for granted.

Just last month, government auditors expressed concerns over the legality of the land lease deal LIDL had struck with its local partner, the Nayong Pilipino Foundation. The Philippine Commission on Audit expressed alarm at the favourable terms that LIDL had secured, which were far less steep than lease prices paid by other Entertainment City operators.

Should the project go forward, LIDL is promising a Filipino cultural theme park, an indoor waterpark, an indoor movie-based theme park, a convention centre, luxury hotels, retail and dining areas, along with a 28k-square-meter gaming floor with a “sky casino” theme.

LIDL chairman Dr. Yang Zhihui (pictured) thanked PAGCOR “for their vote of confidence” in granting the provisional license, while pledging that the planned resort “will contribute positively” to the nation’s tourism sector – particularly via guests from South Korea – and create “significant job opportunities” both in the construction phase and afterward.

Entertainment City currently boasts three active resort casinos – Solaire Resort & Casino, City of Dreams Manila and Okada Manila – while Travellers International’s West Side City Resorts World is planning a 2020 launch.

 

Source: calvinayre.com

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Asia

APE achieves ISO 9001:2015 Certification

George Miller

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APE achieves ISO 9001:2015 Certification
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Asia Pioneer Entertainment Holdings Limited is delighted to announce that Asia Pioneer Entertainment Limited (APE), a Macau Gaming Inspection and Coordination Bureaus (DICJ) licensed gaming machine agent, has been awarded ISO 9001:2015 certification of its “Provision of repairing service of electronic gaming machine parts”. The on-site audit completed successfully under the standard ISO 9001:2015 on 16 December, 2019.

APE began internal preparation for certification since Aug, 2019 by evaluating its existing procedures and aligning them with the new requirements of Quality Management System (QMS). In order to improve the overall performance, it is required to maintain a high level of quality and strong customer service, and to provide a sound basis for sustainable development initiatives. The quality control covered Risk and Opportunities, Organizational knowledge, Training, Supplier Management and Customer Feedback, etc.

Mr. Herman Ng, Chief Executive Officer and Executive Director of APE stated, “Our decision to work towards ISO 9001:2015 accreditation demonstrates our additional assurance to our clients. We aim to provide high-quality and consistent products to our clients and our ongoing investment in technology and development. We look forward to be benefiting from this globally recognized standard of our expanding business in the Macau and Asia market.”

ISO 9001:2015 is an international quality management system standard of efficiency and customer satisfaction, which sets a higher level of specifications to be met beyond the previous standard, ISO 9001:2008. To achieve certification, a rigorous and comprehensive company-wide audit is performed by a recognized certification agency. APEs’ audit was performed by SGS Hong Kong Limited (SGS).

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Asia

Aristocrat Leisure Limited Suspends Internal Travel in Asia

Niji Narayan

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Aristocrat Leisure Limited Suspends Internal Travel in Asia
Photo Source: edreams.com
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Aristocrat Leisure Limited has suspended staff travel throughout Asia in response to the outbreak of coronavirus. Also, the company is not expecting any major disruption to its business operations.

“Aristocrat has no direct operations in mainland China and relatively small exposure to the Asian region generally,” Trevor Croker, CEO and Managing Director of Aristocrat, said.

“However, we have been closely monitoring developments with a focus on our people, customers and supply chain. We have temporarily suspended travel in the region, and are supporting our staff in Macau and Hong Kong. We are also proactively monitoring and managing potential supply chain impacts. At this stage we do not foresee any material adverse impacts on our business, but we will keep the market updated as appropriate,” Trevor Croker added.

Aristocrat is coming off another record year in 2019, with revenue rising 22.7% to AU$4.4 billion and profit by 22.6% to AU$894.4 million.

“We expect continued growth over the 2020 fiscal full year,” Trevor Croker said.

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Asia

Deltin Group Launches Deltin Casino in Nepal

Niji Narayan

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Deltin Group Launches Deltin Casino in Nepal
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Deltin Group has launched Deltin Casino at The Marriot Hotel in Kathmandu, Nepal. This is the group’s first casino outside of India. The new venture is a result of the company’s agreement with Everest Hospitality and Hotel Pvt. Ltd.

“We believe that compliance and ethics is an integral aspect to our business and so we are happy to join hands with Everest Hospitality and Hotel Pvt Ltd owners of the Marriott Hotel, as both our companies share common values professionalism and excellence in service; our shared values and parallel vision reassures that our business is in safe hands here in Nepal,” Anil Malani, President and CEO of Deltin Group, said.

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