{"id":4893,"date":"2021-08-31T13:06:35","date_gmt":"2021-08-31T13:06:35","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=4893"},"modified":"2021-08-31T13:06:35","modified_gmt":"2021-08-31T13:06:35","slug":"president-rodrigo-duterte-gives-approval-for-casino-to-be-developed-in-boracay-philippines","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/president-rodrigo-duterte-gives-approval-for-casino-to-be-developed-in-boracay-philippines\/","title":{"rendered":"President Duterte Gives Approval For Casino To Be Developed In Boracay, Philippines"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10casinowebsites.net\/news\/wp-content\/uploads\/2018\/03\/boracay-island-philippines.jpg\" alt=\"Boracay Island, Philippines\" title=\"President Rodrigo Duterte Gives Approval For Casino To Be Developed In Boracay, Philippines\" width=\"300\" class=\"alignleft size-full wp-image-3363\" \/>The latest report from the Philippines states that <strong>President Rodrigo Duterte<\/strong> has given the green light for a multi-million dollar casino resort to be developed in Boracay. The Philippines is a tourist hotspot for a lot of Western travellers and <a href=\"https:\/\/www.lonelyplanet.com\/philippines\/the-visayas\/boracay\">Boracay<\/a> is one of the most popular destinations in the country.<\/p>\n<p>There were talks in the past of developing a casino resort in Boracay as it would not only help to boost tourism numbers but would also generate a lot of jobs for the people of Boracay. The casino would also bring in massive investment into the Philippines and generate a significant amount in gaming taxes for the government.<\/p>\n<p>Those talks came to an end in 2018 when President Rodrigo Duterte <a href=\"https:\/\/www.top10casinowebsites.net\/news\/philippines-government-and-galaxy-entertainment-send-mix-messages-on-boracay-casino\/\">issued a moratorium on the development of new casinos on Boracay<\/a>. <\/p>\n<p>The President has decided to lift the moratorium as he believes this is the right time to proceed with a new casino development project.<\/p>\n<p>The Philippines depends heavily on its tourism industry and due to COVID-19 has seen a massive decline in tourists and revenues. The government is looking for new ways to boost tourism and bring in more revenue. Developing a casino resort in Boracay appears to be one of the best ways to achieve this objective.<\/p>\n<p>Pagcor issued a gaming license to <a href=\"https:\/\/www.top10casinowebsites.net\/news\/galaxy-boracay-casino-to-expected-to-bring-in-100-million-dollars-annually\/\">Galaxy Entertainment Group Ltd to develop a casino in Boracay<\/a>. Galaxy would go on to enter a partnership agreement with local operator Leisure and Resorts World Corp and expressed interesting in developing a $500 million casino resort in Boracay.<\/p>\n<p>Galaxy and Leisure and Resorts World Corp purchased 23 hectares in Barangay Manoc-Manoc which is one of the three villages in Boracay. Due to the moratorium, Leisure and Resorts World Corp decided to drop out of the project in 2019. <\/p>\n<p><strong>ABS-CBN News<\/strong><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/r-sWKbajIKQ?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<h2>Boracay Residents Oppose Casino<\/h2>\n<p>While the government has approved the Boracay casino, there have been strong protests from residents and businesses in Boracay. They were very vocal in their disapproval for developing a casino in Boracay and said the President should focus on boosting vaccination rates in Boracay which in turn help the tourism industry. <\/p>\n<p>There have also been <a href=\"https:\/\/philippines.licas.news\/2021\/08\/30\/catholic-bishop-condemns-lifting-of-ban-on-casino-on-boracay-island\/\">protests from the Catholic Church<\/a> who claim that a casino resort will destroy the community as it will increase vices like gambling and drug addiction. <\/p>\n<p>As of now, Galaxy Entertainment Group Ltd has not released any statement regarding its interest in developing a casino resort in Boracay. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest report from the Philippines states that President Rodrigo Duterte has given the green light for a multi-million dollar casino resort to be developed in Boracay. The Philippines is a tourist hotspot for a lot of Western travellers and Boracay is one of the most popular destinations in the country. There were talks in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,11],"tags":[],"class_list":["post-4893","post","type-post","status-publish","format-standard","hentry","category-industry","category-legislation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Duterte Gives Approval For Casino To Be Developed In Boracay, Philippines<\/title>\n<meta name=\"description\" content=\"The latest report from the Philippines states that the green light for a multi-million dollar casino resort to be developed in Boracay has been given\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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