PAGCOR’s casino plan violates Philippine laws

The Philippine Amusement and Gaming Corp. (PAGCOR) reported casino plans at the historic site of Manila Army and Navy Club would violate Philippine laws.

A source told the Philippine Star that PAGCOR plans to build a casino at the Manila Army and Navy Club (ANC) and is set to start the operation in January 2017.

The city of Manila, which according to the documents provided by the source, owns the ANC and leased the property to Oceanville Hotel and Spa Corp. The latter sub-leased it to Vanderwood Management, which then leased part of the venue to PAGCOR.

Under the agreement, which started March 2014, PAGCOR will lease part of the ANC for a period of 15 years. In October 2014, PAGCOR CEO Cristino Naguiat Jr. was asked in an interview whether PAGCOR would be transferring its Casino Filipino Pavilion at ANC as its contract with its current location will expire in 2016 but Naguiat stressed that there are no definite plans yet and PAGCOR will have to undergo a bidding process. However, there is no public bidding or notice of agreement that was published.