Landing International may be late to the Philippine casino party, but Chairman Yang Zhihui has his hopes up that the Hong Kong-listed company will still be able to build a family-friendly integrated resort in the country.
Yang was quoted by a GGRAsia report describing Landing’s venture to the Philippines as a “work in progress,” given the country’s moratorium on the issuance of licenses for brick-and-mortar gambling facilities. Landing, according to Yang, sought a regulatory approval for the construction of a multi-million dollar integrated resort before the Philippine Amusement and Gaming Corporation (PAGCOR) stopped accepting applications for casino licenses.
“But in fact, our application [for such licenae] has already been under negotiation last year… On this business, it is still a work of progress,” Yang said, according to the news outlet.
Unlike other casino projects in the Philippines, Yang said their proposal to President Rodrigo Duterte involves building a world-class entertainment and leisure resort for families while gambling facilities remain secondary in their plan.