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Philippines casino operator Widus signs 450-hectare lease agreement to develop four hotels, three golf courses in Clark 

Newsdesk by Newsdesk
Tue 5 Nov 2019 at 18:36
Philippines casino operator Widus signs 450-hectare lease agreement to develop four hotels, three golf courses in Clark 

Widus Hotel & Casino

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The Widus Group, which owns and operates Widus Hotel & Casino in Clark, Philippines, has signed an agreement to lease around 450 hectares of land in nearby New Clark City that will see it develop three golf courses and four hotels as part of its ongoing expansion plans.

The agreement with the Bases Conversion Development Authority (BCDA) includes a commitment of Php12 billion (US$238 million) from Widus for the development of the resort, to be known as Hann Lux, over a 10-year period starting in 2020.

Phase 1, expected to be finished by 2025 at a cost of Php5 billion (US$100 million), will include the Angsana Hotel and Banyan Tree Hotel, an 18-hole championship golf course and a clubhouse.

Phase 2 will include the development of Westin and Luxury Collection by Marriott, two 18-hole championship golf courses, outdoor recreation facilities, premium villas and residences, a mixed-use commercial center and a 10-hectare public park for a total investment of Php7 billion.

“Clark is fast becoming one of the top destinations in Northern Luzon for both tourists and investors,” said Dae Sik Han, President and CEO of the Widus Consortium’s Hann Development Corporation.

“We hope to attract more with the development of a new leisure resort in New Clark City, one that is in keeping with the vision of BCDA.”

Widus Hotel & Casino, located within the Clark Freeport Zone, is also well advanced on its own expansion which will see its current offering of 67 gaming tables and around 370 slot machines grow to 200 tables and 800 to 1,000 slot machines once complete in 2021.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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