State-run Philippine Amusement and Gaming Corporation (PAGCOR) is back to peddling two parcels of land where Solaire Resort and Casino stands after investors snubbed its first auction two months ago.

GGRAsia reported that PAGCOR has put two lots, with a combined area of 160,359 square meters (1.73 million sq. feet), up for auction this week after the state regulator failed to receive bids from prospective investors.

The bidding procedure for the two parcels of lot remains the same, according to the report. PAGCOR set the starting bidding price for the twin lots at PHP 37.23 billion ($726.6 million), which must be paid in cash.

Since Solaire has the leasehold rights for the lots, Bloomberry Resorts Corp., through its unit Sureste Properties Inc., has the right to match “the highest complying bid for the properties.”