Advertisement

Widus Casino gets the first regular gaming license in Clark

Widus Philippines Inc., (WPI) said on Monday that it has obtained its regular gaming license from the Philippine Amusement and Gaming Corp. (PAGCOR) for Widus Hotel and Casino following its P4.5B investment in the Freeport Zone.

Widus Casino gets the first regular gaming license in Clark

The billion-peso property is now the first casino operator to receive a regular gaming license from PAGCOR in Clark.

Widus President and CEO Daesik Han described the acquisition of the notable authorization as "a solidified acknowledgement of the government’s trust and confidence for the company’s competency and compliance.”

Han, who considers the achievement as another milestone for Widus, also said that he envisions his company to be at par with other premier leisure and gaming destinations here and abroad.

"We take pride in bringing world-class hospitality and entertainment in the area alongside adding value to the community. These investment projects aim to create more job opportunities for the locals while further boosting the business and tourism market here,” Han added.

The South Korean-born businessman operated his first hotel tower back in July 2008 under Widus International Leisure Inc. (WILI) and eventually acquired its casino license to open a gaming facility with 24 tables and 150 slot machines in December 18, 2009.

Widus was earlier given a provisional gaming license in 2014 when a minimum of P2.25B was partially fulfilled from the total committed investment of P4.5B.

In 2016, WPI was established as an affiliated company of WILI. Shortly after the establishment of WPI, PAGCOR granted both companies a co-licensee status.

Within four years, Widus accomplished its total committed investment as it further financed its world-class luxury infrastructure projects.

To date, WPI manages the operations of Widus Casino which presently has 67 tables, 358 slot machines, and 28 electronic table games. It also wholly owns Clark Marriott, the first five-star hotel in the economic zone which opened its doors in September 2018.

Topics: Widus Philippines Inc. , regular gaming license , Philippine Amusement and Gaming Corp. , Widus Hotel and Casino
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementSpeaker GMA
Advertisement