Landing International Development is still hoping to secure a piece of land to develop a casino in Manila, reports Calvin Ayre.
The company had secured a piece of land to develop a casino back in August. However, its plans were halted by a change in the government’s policy. While the company was planning to begin the development, President Rodrigo Duterte called for a moratorium which stalled Landing’s plans.
While the developer pushed to go ahead with the development of the acquired land, it failed to make any progress. Landing’s hopes to develop a Manila casino are still alive and to make it real the company is looking for a fresh piece of land.
As Landing had secured a provisional license from the Philippine Amusement and Gaming Corporation (PAGCOR) for its previous casino project, the company now has to find a new piece of land or lose its provisional license. PAGCOR has given the developer 180 days to find a new site for its casino development project.
In the Philippines, troubles seem to be mounting for online gambling operators who haven’t paid their dues to the government.
In a recent statement, Philippines Finance Secretary Carlos Dominguez has ordered the country’s tax agency to shut all such online gambling operators who have not paid their taxes in full.