Quezon City in the Philippines cannot regulate its local casinos per the dictates of PAGCOR, the Philippine Amusement and Gaming Corp. The regulatory body also mandates the city to cease imposing restrictions, including Bloomberry Resorts, a planned development in process.
Bloomberry, the operator of the Solaire resort in Entertainment City is inaugurating construction with an end date projected for 2022. They already have a $767 million loan to finance the integrated concept. It will have broad appeal if it can bypass the blocking actions of Quezon City. PAGCOR is on board to keep new casinos alive given their massive benefit.
The Vice Mayor of Quezon City states that the local government is within its rights to issue ordinances controlling games of chance. A hefty fee would be a deterrent for the proposed casino on 1.57 hectares in the Ayala Vertis North complex. This restriction on business development is not popular with PAGCOR.
A version of this article first appeared at europeangaming.eu/