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Tag Archives: Boracay

Philippines – Alliance Global Group to press on with Boracay casino project

Alliance Global Group has confirmed it will move ahead with plans to build a second casino on the Philippine holiday island of Boracay after President Rodrigo Duterte decided to abolish the ban on new casino developments. The company, owned by billionaire Andrew Tan, could add a casino to the Boracay Newcoast theme park being built…

Philippines – Leisure and Resorts World ‘looking forward’ to resuming Boracay talks with Galaxy

Leisure and Resorts World Corp (LRWC) has said it has yet to talk to its former project partner Galaxy Entertainment over relaunching its bid to build a casino-resort on the Philippine holiday island of Boracay. Leisure and Resorts World said: “We would like to clarify that the company has yet to talk to our partner,…

Philippines – Galaxy on alert as Philippines lifts ban on new casino projects

In an unexpected move, PAGCOR, the Philippine’s gaming regulator, has confirmed it is lifting the moratorium introduced by President Rodrigo Duterte in 2018 to ban new casino project, and that it will start looking at new applications for casinos, including any for holiday island Boracay. With the government keen to boost the economy following the…

Philippines – Leisure & Resorts World no longer looking at Boracay casino

Leisure & Resorts World Corporation (LRWC) appears to have pulled the plug on its partnership with Galaxy Entertainment to build the $550m Galaxy Boracay Casino on Boracay Island in the Philippines. Chairman Eusebio Tanco confirmed that a casino there was no longer on the company’s horizon. “We are not looking at casino. But we’re keeping…

Philippines – PAGCOR agrees to ban casinos on Boracay

Philippine gaming regulator PAGCOR (the Philippine Amusement and Gaming Corp.) has said it will cancel all casino licenses, current and future, effectively banning gaming on Boracay Island, as requested by the Boracay Interagency Task Force (BIATF). Jose Tria Jr., special assistant to the Pagcor Chairman, said there were only two casinos in Boracay with licenses…

Philippines – Government official rules out Boracay casino again

The confusion between the Philippines government and its gaming regulator PAGCOR has continued with the Department of Local and Interior Government now overruling PAGCOR President Alfredo Lim’s suggestion that the Boracay casino licence could still be processed. Plans by Galaxy Entertainment and its partner Leisure and Resorts World Corp. for a US$500m integrated resort on…

Philippines – PAGCOR suggests Boracay could be back on the cards

Alfredo Lim, PAGCOR President and Chief Operating Officer, has said that the five license applications that had been received before a suspension, including Galaxy Entertainment’s plans for a casino in Boracay, will still be processed. The other four licenses include one for a casino in Clark from Udenna Corp; a casino in Masbate in Luzon…

Philippines – Leisure and Resorts World yet to abandon Boracay dream

Leisure 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…

Philippines – Presidential spokesman ends confusion over Galaxy’s Boracay casino licence

Despite being granted a casino licence by Philippine gaming regulator, Galaxy Entertainment Group (GEG) has seen its plans to build US$500m casino resort on Boracay island scuppered by Philippine President Rodrigo Duterte, pictured. Presidential spokesman Harry Roque has officially confirmed: “There will be no new casino in Boracay. I do not know how this will…