PAGCOR revokes PH Resorts’ provisional licence for Cebu casino project
PAGCOR’s board approved the revocation of the provisional casino licence for PH Resorts subsidiaries’ Emerald Bay project in Lapu-Lapu City, Cebu. The subsidiaries received formal notice on 17 December 2025, and PH Resorts said the decision ends its bid for a Cebu casino. The company said the cancellation was not expected to materially affect its financial position because the project had not begun commercial operations.
The revocation ends PH Resorts’ current route to developing the Emerald Bay casino project.