whistleblower who warned her relative<\/a> on the poor rent arrangement.<\/p>\n<\/div>\n“It did not undergo the proper process,” Maria told reporters. They [board members] did not publicize or put it to challenge of other investors for comparison.”<\/p>\n
Landing says without a formal legal withdrawal, the company believes it has every right to move forward. Despite Duterte firing the entire Nayong Pilipino Foundation board, including his in-law, Landing says their replacement “did not affect the validity of the \u2026 lease.”<\/p>\n
Blocking Investment<\/b><\/h2>\n
Duterte has tasked PAGCOR with making the Philippines into the “top gaming and entertainment destination” in southeast Asia. But his revolving position on casino gambling has caused chaos.<\/p>\n
Landing’s project, officially known as NayonLanding, would be much more than just a casino and hotel. Plans for the resort include a waterpark, two theme parks, convention center, and numerous dining establishments. It’s slated to open in 2022.<\/strong><\/span><\/p>\nDuterte isn’t only interjecting in Manila. The president additionally recently cancelled a planned casino and resort on the vacation island of Boracay.<\/p>\n
The $500 million project comes from Galaxy Entertainment. Its founder and CEO Lui Che Woo declared last week that he remains “very confident” on bringing the blueprint to life. The 89-year-old billionaire says the media reports are misleading, and that the Boracay resort wouldn’t be focused on gaming, but tourism.<\/p>\n","protected":false},"excerpt":{"rendered":"
A spokesman for Philippines President Rodrigo Duterte says the federal investigation into the legality of a land-lease deal in Manila’s Entertainment City\u00a0has concluded that the contract reached with Hong Kong developer Landing International was obtained in unlawful means. Duterte spokesman Harry Roque told reporters this week that the land-lease is void effective immediately. The news […]<\/p>\n","protected":false},"author":25,"featured_media":87279,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,18,61,13592],"tags":[],"acf":[],"yoast_head":"\n
Philippines Rodrigo Duterte Says Manila Casino Plan Cannot Proceed<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n