File photo of downtown Manila. Australian billionaire James Packer and Macau gambling tycoon Lawrence Ho are teaming up with the Philippines' richest family to develop a $1 billion casino in Manila, ... more 

File photo of downtown Manila. Australian billionaire James Packer and Macau gambling tycoon Lawrence Ho are teaming up with the Philippines' richest family to develop a $1 billion casino in Manila, the Philippine partner said Friday less