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Philippines President Rodrigo Duterte Says No to Boracay Casino, as Billionaire Fails to Woo President

Philippines President Rodrigo Duterte Says No to Boracay Casino, as Billionaire Fails to Woo President

Philippines President Rodrigo Duterte spoke publicly this week for the very first time about a proposed $500 million casino resort on Boracay, the united states’s most popular getaway island, and the leader’s feedback weren’t favorable to project developers.

The Boracay Island cleanup is underway, but Philippines President Rodrigo Duterte says it’s not to produce means for a future casino resort.

Galaxy Entertainment, a Hong Kong casino group led by billionaire Lui Che Woo, has partnered with Philippines-based Leisure & Resorts World Corporation in proposing an integrated casino resort on the island. The partnership obtained a provisional license from the Philippine Amusement and Gaming Corporation (PAGCOR), but Duterte said not fast.

‘the billionaires are known by you? They were of that island there is certainly ok for anything. They want to build casinos there. I didn’t enable it,’ Duterte said in a press briefing this week.

‘There won’t ever be one,’ the president concluded regarding a possible boracay casino resort.

Leisure and galaxy& Resorts World have acquired roughly 57 acres of land on Boracay’s southern end.

The area is currently closed as of April 26 to visitors at the direction of Duterte, who has called it a ‘cesspool’ and ordered its cleaning by federal agencies that are environmental.

The closure is expected to cost the economy more than $36.5 million, and displace some 35,000 workers. 阅读更多

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