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The Philippine gaming regulatory authority PAGCOR has recently taken action, officially revoking the temporary gaming license for a major integrated resort and casino project that was planned to be developed on Mactan Island in Cebu. This project was significant, belonging to local tycoon Dennis Uy'
Philippines-listed PH Resorts Group Holdings Inc, promoter of a stalled casino project, Emerald Bay (pictured in a file photo), in Cebu, says its ultimate parent, Udenna Corp, “has demonstrated that it has the ability and willingness to support the group in its financial obligations”.PH Resorts repo
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