Tag: Japanese casino site
Japanese developer nears deal on proposed casino site
December 17, 2013
Inquirer – The group of Japanese gaming tycoon Kazuo Okada may be able to finalize in the next few days a property deal with local partners, thus addressing the foreign equity limit on land where a $2-billion gaming and entertainment complex will rise. Privately held local firm First Paramount Holdings 888 Inc., one of the local partners, expects to finalize the agreement this week. The firm is likewise evaluating the possibility of investing in Okada’s local gaming operations on top of the property deal at Pagcor Entertainment City. “I really believe in the project of Mr. Okada,” said Alice Eduardo,…