Boracay’s First Casino: Comprehensive Guide to the Kaban Hotel and Casino Opening
Boracay’s First Casino: Comprehensive Guide to the Kaban Hotel and Casino Opening
Overview: Boracay Welcomes Its First Operational Casino
Boracay, the renowned Philippine island known for its white-sand beaches and vibrant tourism scene, is set to open its first operational casino in September 2024. The Kaban Hotel and Casino Boracay, scheduled to welcome guests on September 16, marks a significant milestone for the island’s hospitality and entertainment landscape. While an official grand opening is planned for October, early access will allow visitors to experience the property before its full launch.
This guide provides an in-depth look at the casino development, its location, ownership, facilities, and the broader political and economic context surrounding its approval.
Details of the Kaban Hotel and Casino Boracay
Location and Surrounding Resorts
The Kaban Hotel and Casino is situated along Boracay Highway in the northwestern area of the island, offering direct views of Punta Bunga Beach. It sits close to two five-star resorts—Mövenpick Resort and Spa Boracay and Crimson Resort and Spa Boracay—making it part of an upscale hospitality cluster. The property is integrated into a larger 23-hectare master-planned development that aims to transform the area into a commercial and leisure hub.
Developer and Ownership Background
The project is spearheaded by Golden TW Realty and Development Corp., a Philippine-based company specializing in hospitality, entertainment, and retail. The company is controlled by Zibin Liang, a Chinese national who obtained Philippine citizenship in 2021. Liang built his wealth primarily through the financial services industry and holds a leadership role at Top Bank, a rural bank in the Philippines. His background highlights the intersection of cross-border investment and local real estate development in the country’s gaming sector.
Facilities and Amenities
Designed as a six-storey complex, Kaban combines accommodation, gaming, and dining under one roof:
- Guest Rooms: 88 rooms, ranging from boutique accommodations to a presidential suite, catering to both leisure travelers and high-end visitors.
- Gaming Floor: Spanning 2,000 square meters (approximately 21,500 square feet), the casino is licensed by the Philippine Amusement and Gaming Corporation (PAGCOR). It features various table games, slot machines, and electronic gaming stations.
- Additional Facilities: Dining options and common areas are integrated to create a resort-like experience.
Kaban’s president and CEO, Kevin Wong, stated that the property aims to be more than just a destination—it combines world-class entertainment with Filipino hospitality while blending culture, leisure, and celebration.
Economic and Employment Impact
Local Hiring and Workforce
Golden TW reports that approximately 40% of Kaban’s initial workforce comes from the surrounding province of Aklan. This local hiring initiative is part of the company’s commitment to community development and aligns with broader efforts to boost employment in the region. For an island heavily dependent on tourism, new jobs in hospitality and gaming can provide stable income for residents.
Long-Term Development Plans
Kaban is only one component of Golden TW’s larger vision for the area known as Station 0—a commercial and leisure district that extends beyond Boracay’s traditional beachfront strip. The developer is also building Boracay Central, a lifestyle shopping mall scheduled to open in the fourth quarter of 2026. Together, these projects aim to diversify the island’s economy beyond beach tourism and create a year-round destination for shopping, entertainment, and gaming.
Political and Regulatory Context
Previous Rejection of Casino Projects
Boracay’s first casino attempt dates back to 2017, when Galaxy Entertainment—one of Macau’s six major gaming operators—proposed a $550 million Las Vegas-style resort. The project was designed to attract international visitors, particularly from South Korea and China. However, then-President Rodrigo Duterte ultimately rejected the proposal. Duterte publicly stated that he had received divine guidance after speaking with God, who allegedly told him that residents opposed gambling on Boracay. This religious justification halted the ambitious plan.
Shift in Policy: 2021 Moratorium Lifted
In 2021, the Philippine government lifted a moratorium on new casino construction, opening the door for applications like Golden TW’s. This policy change reflected a pragmatic approach to economic recovery following the COVID-19 pandemic, as casinos generate significant tax revenue and employment. The lifting of the moratorium paved the way for Kaban’s eventual approval and construction.
Current Stance on Offshore Gaming
While the government has loosened restrictions on land-based casinos, President Ferdinand “Bongbong” Marcos Jr. has maintained a firm position against offshore gaming operations (POGOs). Despite this, the administration has allowed the expansion of physical casino projects, including Kaban. This distinction underscores a nuanced regulatory environment: the Philippines welcomes domestic casino tourism but remains cautious about online gambling linked to cross-border crime and social issues.
Broader Implications for Boracay Tourism
The arrival of a casino on Boracay is significant because the island has historically positioned itself as a nature-centric, family-friendly destination. In 2018, Boracay underwent a six-month closure for environmental rehabilitation, during which many illegal structures were removed. The new casino development raises questions about the island’s future image.
Supporters argue that Kaban will attract high-spending tourists, create jobs, and boost the local economy, especially outside the peak beach season. Critics warn that casinos could alter Boracay’s character, increase crime, and lead to social problems such as gambling addiction. The project’s small scale (88 rooms and a 2,000 sqm gaming floor) suggests a boutique approach rather than a mega-resort, which may mitigate some concerns.
Key Takeaways
- First casino on Boracay: Kaban Hotel and Casino opens to guests on September 16, 2024, with an official grand opening in October.
- Location: Northwestern Boracay near Punta Bunga Beach, adjacent to five-star resorts.
- Developer: Golden TW Realty and Development Corp., controlled by Zibin Liang, a Philippine citizen of Chinese descent.
- Facilities: 88 guest rooms, 2,000 sqm gaming floor licensed by PAGCOR, table games, slots, and electronic stations.
- Employment: 40% of initial workforce from Aklan province.
- Policy background: Moratorium on new casinos lifted in 2021; previous Galaxy proposal rejected by Duterte in 2017.
- Current regulations: Land-based casinos allowed; offshore gaming operations banned.
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