Dennis Uy of Davao loses Cebu casino license
Inquirer
Dennis Uy’s PH Resorts Group has lost its Cebu casino license after Pagcor revoked its provisional permit.Summary
PH Resorts Group Holdings Inc., led by Dennis Uy, is abandoning its casino project in Cebu after the Philippine Amusement and Gaming Corp. (Pagcor) revoked its provisional license. Subsidiaries Lapulapu Leisure Inc. and Lapulapu Land Corp. received approval for the permit revocation for the integrated resort and casino project in Mactan. The company stated that this will not significantly impact its financial performance as the project had not yet begun commercial operations and they will explore other business ventures.
(Source：Inquirer)