PH RESORTS Group Holdings, Inc., the gaming company owned by Davao-based tycoon Dennis A. Uy, has received a notice from the Philippine Amusement and Gaming Corp. (PAGCOR) revoking its casino license for a project in Cebu.
In a stock exchange disclosure on Thursday, the company said PAGCOR notified its subsidiaries, LapuLapu Leisure, Inc. and Lapulapu Land Corp. (LLI-LLC), that it had revoked the provincial license for the unfinished Emerald Bay integrated resort project in Mactan, Cebu.
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