No plans for casino yet: QC government

The Quezon City government says they have not received any formal applications for the development of a casino in the city, local media reports.

The 38-member council issued a statement on Tuesday in response to an open letter from “concerned citizens of Quezon City” that was published in newspapers earlier in the week, according to The Inquirer.

The letter, which was addressed to President Rodrigo Duterte and the councilors, said that the opening of a casino would have a negative influence on the youth.

However, the council maintained that there were no plans yet for the development of a casino.

“For the information of the general public, the City Council has not received any application from Bloomberry or any gaming industry operator signifying their intention to establish a casino in Quezon City,” it wrote.

In September, Bloomberry Resorts Corp chairman and founder Enrique Razon said he was pushing ahead with plans for the company’s second casino, in Quezon City.

In an interview with Bloomberg, Razon said construction of the $418 million resort in Manila may start mid-next year and could be finished in 2019.

More news from this jurisdiction

PhilippinesMonday, Nov 20, 2017

Philippine technology firm DFNN saw its earnings continue to surge at the end of September, with net income for the first three quarters of 2017 reaching P121.3 million, up 15,062 percent compared to the prior-year period.

PhilippinesTuesday, Nov 14, 2017

Bloomberry Resorts would see its debt levels rise and a reduction in return on invested capital in the short term if it buys the land on which its Solaire Resort & Casino is based, though longer term it may improve valuations, according to Morgan Stanley.

PhilippinesMonday, Nov 13, 2017

The owners of Resorts World Manila is planning to introduce the country’s first Ritz Carlton Hotel by redeveloping its Maxims Hotel, local media reports.

PhilippinesMonday, Nov 13, 2017

The Asian Poker Tour (APT) has announced it has signed a new three-year exclusive agreement to run its tournaments at Resorts World Manila.

PhilippinesSunday, Nov 12, 2017

Philippines-listed Travellers International, operator of Resorts World Manila, reported a loss of P407.9 million for the third quarter of 2017.

PhilippinesSunday, Nov 12, 2017

The Philippine Amusement and Gaming Corporation (PAGCOR) is launching an auction for two parcels of land currently occupied by Bloomberry’s Solaire Resort and Casino.

PhilippinesFriday, Nov 10, 2017

Bloomberry Resorts Corporation (BLOOM PM), owner and operator of the Solaire Resort & Casino and Jeju Sun Hotel & Casino, posted record Q3 mass table drop and gross gambling revenue from electronic gaming machines, while VIP volumes slipped.