Pagcor: Okada should settle land issues for casino project


Posted at May 31 2013 05:23 PM | Updated as of Jun 01 2013 01:23 AM

MANILA, Philippines - Philippine Amusement and Gaming Corp. (Pagcor) says Japanese gambling tycoon Kazuo Okada needs to resolve land ownership issues to proceed with his Pagcor City project.

The statement comes just days after the Okada group broke off talks for the Gokongwei group to be its partner, resolving the land ownership issue.

The Gokongwei group would have taken over ownership of the property set aside for Okada's casino project.

Foreigners are not allowed to own lands in the Philippines - ANC