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Local partner of Macau's Galaxy eyes new talks with gaming firm for Boracay casino

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Boracay" s="" White="" Beach.="" Fernando="" G.="" Sepe="" ABS-CBN="" News="" file="" src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/news/09/02/boracay.jpg"/><figcaption>Boracay&#x27;s White Beach.<em> Fernando G. Sepe Jr., ABS-CBN News file photo</em></figcaption></figure></div><p>MANILA - The local partner of Macau&#x27;s Galaxy Entertainment Group is looking to restart talks with the Chinese gaming giant after President Rodrigo Duterte said he would allow casinos in Boracay. </p><p>Listed firm Leisure and Resorts World Corporation (LRWC) said it has yet to talk with Galaxy but looks forward to resuming discussions. </p><p>&quot;The Company is looking forward to the resumption of the discussions with Galaxy in view of the President&#x27;s go-signal for casino operation in Boracay,&quot; LRWC disclosed to the stock market.</p><p>LRWC and Galaxy were set to build a $500 million integrated resort in Boracay in 2018, and even secured a provisional license with the Philippine Amusement and Gaming Corp in March that year. </p><p>Duterte however ordered later that year that Boracay should be casino-free when the island reopened after its rehabilitation.</p><p>But last week, Duterte reversed his ban, saying the government needed funds. </p><p>On Wednesday, tycoon Andrew Tan said his company Megaworld, was ready to push forward with its casino project in Boracay. </p><p>Some residents of Boracay however are opposing the establishment of casinos on the island. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/09/01/21/tycoon-andrew-tan-ready-to-proceed-with-boracay-casino">Billionaire Andrew Tan says Megaworld ready to proceed with casino project in Boracay</a></li>	<li><a href="https://news.abs-cbn.com/news/08/27/21/duterte-to-allow-gambling-in-boracay-for-govt-funds">Not casino-free anymore? Duterte to allow gambling in Boracay, cites need for gov’t funds</a></li>	<li><a href="https://news.abs-cbn.com/news/09/02/21/casino-to-boost-boracay-revenue-amid-tourism-slump">No longer a family tourist destination? Boracay moving in a different direction, says mayor</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1762158" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

Listed firm Leisure and Resorts World Corporation (LRWC) said it has yet to talk with Galaxy but looks forward to resuming discussions. 