Japanese billionaire Kazuo Okada celebrated the ‘public preview’ of his new Okada Manila resort by predicting the Philippines’ casino revenue would one day overtake Singapore.

Wednesday saw the doors flung open at Okada Manila, the third and largest (to date) of four planned integrated resorts in Manila’s Entertainment City gaming zone. The $2.4b project has suffered numerous delays over the years, and the official launch won’t happen until sometime in Q1 2017, but the ‘public preview’ went ahead as planned.

Okada, who chairs Japanese gaming conglomerate Universal Entertainment Corp, told ABS-CBN News that Okada Manila’s first phase would create between 8k and 10k jobs, rising to 20k jobs within two years as new phases are completed.

Okada also suggested that he would list his “casino business” on the Philippine stock exchange in a year’s time. Duterte believes the casino will turn a profit in its first year of operation and recoup his total investment within three to five years.