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Tag Archives: Cebu

The Philippines –US/Macau partnership bids to develop two Philippine casinos

US-based Sino-American Gaming Investment Group and Macau Resources Group are teaming up in an attempt to spend $1on two Philippine casino resorts; one on Cebu, an island popular with tourists and one on the island of Napayawan. Francis Hernando of Philippine gaming regulator PAGCOR confirmed that letters of intention from the groups had been received…

The Philippines – SM Investments plays down reports of a casino on Cebu

Philippine banker SM Investments Corp. has played down reports that it is to develop a casino project in the Queen City of the South in Cebu, an island province in the Philippines. SMIC chief finance officer Jose Sio said that whilst a casino development was being “dreamed of” in Cebu, his company had ‘no specific…