The recent launch of the Subic Bay Yacht Club’s new boutique casino has appeared to help increase the already surging Philippine gambling industry. The club, located along the Philippines coastline in the Subic Bay Freeport Zone, had a soft opening date for quite some time, but that date was finally achieved with the launch of the new facility on November 11.

The casino is the showpiece of the newly renovated club. This renovation came at a cost of PHP500 million ($10 million) and was built with the full intention of targeting Asia’s growing boating and yachting enthusiasts.

In a statement, Manuel Antonio Sequeria stated, “Subic is a safe haven in the boating world, and we have mega-yachts coming in on a weekly and monthly basis to use Subic Bay as their base.” Sequeria is the CEO and President of Volare Grandezza, one of the firms that partners with Subic Bay in the casino operations.

The club was designed to specifically entice yachtsmen and boat enthusiasts from across the region. Sequeria explained that “We have everything from Russian mega-yachts measuring 200 meters and above to mega-ships coming in from China – the smallest being 3,800 people and the biggest 5,200 guests, which is a huge market.”