Asian casino junket operator SunCity Group will reportedly start shepherding some of their high-rollers to Okada Manila in the fourth quarter.
Quoting a Morgan Stanley note, GGRAsia reported that SunCity is expected to join by the last quarter of the year to help ramp the integrated resort.
“More are to join in the fourth quarter 2017, including Suncity,” Morgan Stanley analysts Alex Poon and Praveen Choudhary said.
Still on Okada Manila, the international brokerage firm noted the rise of Chinese visitors in the newly opened integrated resort. Data showed that the number of Chinese tourists in the Philippines grew by 33 percent year-on-year in the first six months of the year.