The Philippine Amusement and Gaming Corporation (PAGCOR) is eyeing the holiday-island of Cebu as the next gambling destination of the Philippines.

In a news conference during the ASEAN Gaming Summit, PAGCOR chair Andrea Domingo floated the idea of replicating PAGCOR Entertainment City in Cebu as she believes Manila is slowly becoming too congested for another multi-billion integrated casino resort.

“We listen to our investors. They asked us to give a 5-year breathing space,” Domingo told reporters.

The Southeast Asian country, which is aiming to compete with Macau and Singapore casinos amid plunging revenues, has already allowed four resorts being built in the 120-hectare seaside Entertainment City complex in the capital with a minimum investment of $1 billion each.