Int. Entertainment says no license accord with PAGCOR yet, still looking for land
International Entertainment said it’s still negotiating the terms of a provisional gaming license with the Philippines Amusement and Gaming Corp (PAGCOR) and has yet to find suitable land for a resort.
In a filing with the Hong Kong Stock Exchange, the company said its Marina Square Properties Inc. (MSPI) unit had been scheduled to enter into the accord on, or before, Feb. 28.
However, the company and the regulator are still discussing the development scale and timeline of the integrated resort. It also said it has not yet identified suitable land to expand.