• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 28 June 2022
  • 中文中文
  • 日本語日本語
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Leisure and Resorts World Corp confirms plans to reignite talks with Galaxy over Boracay casino

Newsdesk by Newsdesk
Thu 2 Sep 2021 at 05:51
Philippines government confirms opposition to Galaxy’s Boracay casino plans
40
SHARES
992
VIEWS
Print Friendly, PDF & Email

Philippines-based diversified gaming company Leisure and Resorts World Corp (LRWC) has confirmed its intention to revive discussions with Macau’s Galaxy Entertainment Group over a previously planned casino resort in Boracay.

The two companies had announced their intention to develop the US$550 million project in 2018 and were granted a provisional license from PAGCOR, however those plans were scuppered when President Rodrigo Duterte placed a moratorium on new casino developments on the island.

Duterte lifted that moratorium last week with the COVID-19 crisis forcing the Philippines to seek new sources of funding.

According to a report from the Philippines’ GMA News Online, LRWC director Alfredo Abelardo Benitez confirmed this week the company’s intention to resume talks with Galaxy, although he did not provide any further details.

Presidential Spokesman Harry Roque first announced the government’s change of tune last Saturday, stating, “The President has given his go-signal allowing the operation of a casino in Boracay. Prior to this directive, casino establishments have not been operating in the island.

“Casino operation in Boracay shall follow restrictions such as the observance of safety and health protocols imposed in view of the current Covid-19 pandemic and ensuring safeguards to keep children or minors away from gambling activities.”

The Philippines also introduced a PIGO scheme late last year under which licensed casino operators can offer online gaming services to registered customers, while some licensed sportsbooks have now been allowed to offer their services online for the first time too.

RelatedPosts

Philippines power giant reveals plan to develop new Metro Manila IR

PAGCOR says US$43 million in uncollected POGO fees mostly accounted for

Mon 27 Jun 2022 at 16:05
Planning for Asia’s Impending  IR Employee Crisis

What’s another MOP$5 billion between friends? Times six

Mon 27 Jun 2022 at 05:17
PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

PAGCOR yet to collect US$43 million in unpaid fees from POGOS: report

Thu 23 Jun 2022 at 18:24
We’re Back!

Okada Manila owners claim US$38 million paid to Kazuo Okada ally for “expenses”

Thu 23 Jun 2022 at 06:16
Load More
Tags: BoracayGalaxy Entertainment GroupLeisure and Resorts World CorpPhilippinesRodrigo Duterte
Share16Share3
Newsdesk

Newsdesk

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.

Current Issue

Editorial: The Philippines: Asia’s rising star

Editorial: The Philippines: Asia’s rising star

by Ben Blaschke
Mon 30 May 2022 at 23:55

Macau has for the best part of two decades been recognized as the undisputed king of Asia when it comes...

We’re Back!

We’re Back!

by Ben Blaschke
Mon 30 May 2022 at 23:39

While Macau’s operators have reached nine consecutive quarters of substantial GGR losses, the rest of Asia is opening up and...

Into the Sunset

Into the Sunset

by Pierce Chan
Mon 30 May 2022 at 23:29

Pawnbroking has a long history in Macau, dating all the way back to the late Qing Dynasty. The rapid development...

Metaverse: The ultimate destination marketing tool?

Metaverse: The ultimate destination marketing tool?

by Victoria White
Mon 30 May 2022 at 23:17

In the first of a two-part series, MdME’s Victoria White takes a closer look at the rising world of metaverses...

Related Posts

Confirmed COVID cases in Macau reach 391, and one 60-year-old lady severe

Confirmed COVID cases in Macau reach 391, and one 60-year-old lady severe

by Pierce Chan
Mon 27 Jun 2022 at 20:01

The number of confirmed cases of COVID in Macau has grown to 391, including a 60-year-old woman with difficulty in breathing who has been classified a “serious case” by the Health Bureau. According to the Novel Coronavirus Response Coordination Center,...

Philippines power giant reveals plan to develop new Metro Manila IR

PAGCOR says US$43 million in uncollected POGO fees mostly accounted for

by Ben Blaschke
Mon 27 Jun 2022 at 16:05

Philippines gaming regulator PAGCOR says it has already resolved more than a third of outstanding accounts receivable owed by Philippine Offshore Gaming Operators, as calculated by the Commission on Audit (COA). The COA revealed last week that Php2.33 billion (US$42.5...

Ongoing COVID outbreak in Macau up to 357 cases

Ongoing COVID outbreak in Macau up to 357 cases

by Pierce Chan
Mon 27 Jun 2022 at 10:15

The number of confirmed positive cases of COVID since the continuing Macau outbreak began on 19 June has reached 357. There were 96 new nucleic acid test (NAT) positive cases found in the past 24 hours. Of those cases, 50...

Macau government reminds gaming operators of importance of maintaining strict COVID-19 health measures on casino floors

Casinos told to reduce personnel, increase testing, as Macau COVID-19 outbreak reaches 299 cases

by Ben Blaschke
Mon 27 Jun 2022 at 06:07

Macau’s Gaming Inspection and Coordination Bureau (DICJ) has called on the city’s casino operators to reduce the number of personnel working on gaming floors and enhance testing and protection procedures as the city’s first major COVID-19 outbreak continues to grow....


HKUST

HKUST

Simple Play

IAG

© 2005-2022
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • Contributors
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About
  • 中文
  • 日本語

© 2005-2022
Inside Asian Gaming.
All rights reserved.