International edition
October 17, 2021

Construction will begin a year later than planned

Manila casino to receive penalty for recently-announced late opening

(Philippine).- The Philippine Amusement and Gaming Corp’s chairman, CristinoNaguiat, said the organization will penalise an affiliate of Japan’s Universal Entertainment Corp if the affiliate fails to open a USD2 B casino-resort in Manila next year as planned.

T

he news agency quotes the Philippine Amusement and Gaming’s chairman, Cristino Naguiat, as saying Universal Entertainment’s affiliate in the Philippines, Tiger Resorts Leisure and Entertainment, would forfeit a USD2.24 million surety that it had put up.

Tiger Resorts said last month it would probably begin building the casino-resort in 2016, a year later than planned.

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