When the City of Dreams was unveiled in 2013 by co-owners James Packer and Lawrence Ho, the $1 billion luxury integrated resort was somewhat of a gamble even for a duo with as much experience in the gambling industry as them. Packer and Ho, after all, are the co-chairs of the reputable Melco Casino Group, which has opened casino resorts across the world with great success.
The billionaires are aiming to create the next Macau in the Paranaque region of Manila – a region that’s already home to Resorts World and several other casinos. But so far, the financials released by the casino suggest that Packer and Ho have masterminded a successful resort with a varied appeal to many different markets. You see, what Packer and Ho have executed well is the City of Dreams’ appeal to families, gamers, foodies and sports fans.