Operator News
Philippines – Leisure and Resorts World yet to abandon Boracay dream
By Phil - 18 April 2018Leisure and Resorts World Corp (LRWC) has yet abandoned its proposed project in the Philippines with its partner Galaxy Entertainment.
LRWC has refuted reports that they are researching new locations for the US$500m Boracay casino following the President Duarte’s stance that no casinos will be built on the island.
LRWC said: “Both parties have not reached any final decision regarding its planned Boracay resort project. Following protocol, no change in plans or project location would be made without prior consultation and agreement with PAGCOR. Contrary to claims that Galaxy has abandoned its planned Boracay project, no such announcement has been made nor communicated with PAGCOR.”