Malaysian casino operator Genting BHD is seeking regulatory approval for the construction of a multi-million dollar casino at the heart of the Boracay Island in the Philippines.
Philippine Amusement and Gaming Corporation (PAGCOR) chair Andrea Domingo made the announcement on Tuesday as she defended the state regulator’s decision to issue a provisional license to Macau casino operator Galaxy Entertainment Group (GEG) later this month.
Domingo recalled that Genting submitted its request for a provisional license to operate a casino resort on Boracay in 2014. She said PAGCOR is already studying the proposal for a second integrated resort.
“But this one, all of the requirements and all of their applications were filed since 2014. That one has been approved,” Domingo told reporters at the sidelines of ASEAN Gaming Summit 2018 in Manila. “They say they’ll be operational in four months. I don’t know if that will happen. I think we are still scheduling the contract signing for that.”