GERI to go ahead with Boracay casino project despite opposition

Billionaire businessman Andrew Tan says his company’s casino project in Boracay is going ahead, despite opposition from different groups on the island

Billionaire man of affairs Andrew Tan says his company’s cassino externalise inward Boracay is going ahead, despite oppositeness from different groups on the island.

Tan’s Global-Estate Resorts, Inc. (GERI) will go game beforehand with the send off inward Boracay Newcoast, the businessman announced in a statement to the Filipino Stock Exchange.

“We already get several hotels there and we are ease edifice more,” said Tan. “There is also a golf game course, the only ane in the entire Boracay Island. We are very hopeful that the tourism industry inward this island testament go back fast after the pandemic.”

The Filipino Amusement and Gaming Corporation announced endure month that President Rodrigo Duterte - who had previously prohibited casinos on the island - had granted his favourable reception to deuce proposals to opened casinos. The change comes amid a want of money due to the pandemic, with Duterte saying: “Wherever we can find the money, I testament make out it. If it’s inwards gambling, so be it.”

The deuce proposals are GERI’s facility inward Boracay Newcoast, and Galaxy Entertainment Group’s potency casino resort hotel merger with Leisure and Resorts World Corp.

There has, however, been growing care from local businessmen and environmental activists almost gap such a facility inward Boracay, with I group, Kalikasan People’s Network for the Environment, saying: “But how put up casinos lead to economic recovery inward the thick of a pandemic if tourer visitation is expected to remain restricted?

“With day-by-day positive degree cases exceeding 20,000 and insufficient mass testing, impinging tracing, isolation, and treatment, we cannot look to these amusement facilities to remain safe and profitable anytime in the near future.

“We are concerned that the inflow of environmentally prejudicious but economically infeasible large-scale projects such as casinos, infrastructure, and excavation during Mr. Duterte's endure twelvemonth power occupy upwards political run purses.”

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