China Developer Wants to Build Casino in the Philippines
China developer targets to build casino in the Philippines. In an announcement on its website, Hong Kong-listed China developer Landing International Development said the Parañaque City Council has approved the request of Landing Resorts Philippines Development Corp. to operate a resort and a casino in Entertainment City in Barangay Tambo, Parañaque City.
Landing Philippines is a wholly-owned subsidiary of Landing International. “The resort and casino will be built on a parcel of land with approximately 95,700 square meters, having a planned construction floor area of approximately 500,000 sqm, and will feature ... a casino, a Filipino cultural theme park, an indoor waterpark, an indoor movie-based theme park, a convention center, luxury hotels, retail and dining areas, and other commercial and entertainment facilities,” the company said.
Last January 11, Duterte ordered a moratorium on the entry and creation of new casinos to prevent an oversupply. As a result, the Philippine Amusement and Gaming Corp. (PAGCOR) said it would no longer process applications for gaming licenses, Philippines local media reported, adding " Asked if Landing International’s plan will was covered by the halt, PAGCOR chairperson Andrea Domingo said the Hong Kong-based company was advised to secure a clearance from the Office of the President."