Clark Grand Leisure Corp. Receives Approval from the Philippine Amusement and Gaming Corp of Its Request to Voluntarily Suspend Its PAGCOR Provisional License for Its Integrated Resort and Casino Project Situated in Clark Global City in the Clark Freeport Zone, Pampanga
October 05, 2021 at 09:06 pm
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Clark Grand Leisure Corp. received approval from the Philippine Amusement and Gaming Corp. of its request to voluntarily suspend its PAGCOR Provisional License for its integrated resort and casino project situated in Clark Global City in the Clark Freeport Zone, Pampanga. CGLC sought for the voluntary suspension of its license due to some lingering uncertainties surrounding the casino gaming industry especially with more competition in the Clark, Pampanga location. The voluntary suspension also allows PHR to ramp up and focus all efforts for the construction and development of its integrated resort and casino project, the Emerald Bay Resort and Casino, located in Mactan, Cebu.
PH Resorts Group Holdings, Inc. is a Philippines-based holding company of PH Travel and Leisure Holdings Corp. (PH Trave). PH Trave is a holding company for the gaming and hospitality arm of the Udenna Group, which includes LapuLapu Leisure, Inc., The Base Corp., and Donatela Hotel Panglao Corp. LapuLapu Leisure, Inc. is the developer of Emerald, an integrated tourism resort to be located on a prime beachfront area on Mactan Island, Lapu-Lapu City, Cebu. Clark Grand Leisure Corp. is the developer of The Base, an integrated tourism resort to be located in Clark Freeport Zone, Luzon, Philippines. Donatela Hotel Panglao Corp. is the owner of the Donatela Hotel, a boutique-style, upscale hotel in Tawala, Panglao Island, Bohol. The Donatela Hotel has 12 upscale villas with pools, fine-dining restaurants and a wine cellar. It is located on a 7.5 hectares property approximately a 14-minute drive from the Bohol International Airport. It has two segments: Hotel and restaurant and Gaming.
Clark Grand Leisure Corp. Receives Approval from the Philippine Amusement and Gaming Corp of Its Request to Voluntarily Suspend Its PAGCOR Provisional License for Its Integrated Resort and Casino Project Situated in Clark Global City in the Clark Freeport Zone, Pampanga