The Philippine Court of Appeals has upheld a lower court ruling ordering the Philippine Amusement and Gaming Corporation (PAGCOR) to issue a license for Waterfront Philippines to operate an IR in Manila’s Entertainment City.
Waterfront filed a petition for mandamus in 2015 after PAGCOR refused to act on its application, despite it having entered all relevant documentation, local media reports.
According to the 19-page ruling, the trial court was correct in granting the petition as Waterfront had completed all requirements for the project application, including paying a US$100 million deposit.
The Court of Appeals also sustained the award of 100,000 pisos (about US$1,900) as moral damages, as well as another 100,000 pisos as exemplary damages to Waterfront, which plans to build the Grand Waterfront Hotel and Casino.
It stressed that the trial court’s decision should be implemented without delay, especially the issuance of a provisional license to operate in favor of Waterfront.
The resort would be joining Universal Entertainment’s Okada Manila, Melco Resorts & Entertainment’s City of Dreams Manila, Bloomberry Resorts’ Solaire, and a planned resort by Genting, which already operates the Resorts World Manila IR near the international airport. (AGB)