Alliance Global says unit involved in planned Boracay casino

ABS-CBN News

Posted at Mar 23 2018 11:31 AM | Updated as of Mar 23 2018 11:37 AM

MANILA - Alliance Global said Friday that a subsidiary is involved in a casino project in Boracay island.

The casino will be located at Savoy Hotel and may be operational in 4 months, the company told the stock exchange, confirming newspaper reports.

Businessmen are proceeding with developments on the popular island, even as government prepared to shut it down temporarily this year to give way to a massive cleanup.

Macau casino giant Galaxy Entertainment and its Filipino partner, Leisure and Resorts World Corp are planning to build a $500-million integrated resort.