President Rodrigo Duterte announced that building of new casinos in the country, will never happen.
The Chief Executive made this remark after he sacked the entire board and management of Nayong Pilipino Foundation (NPF), who entered into a lease deal with a Chinese casino firm. He viewed the transaction as “grossly disadvantageous” to the Philippine government.
In a speech at the Philippine National Police’s 117th anniversary in Camp Crame on Wednesday, August 8, Duterte said that he will no longer allow granting of licenses to new casinos.
“There will be no casinos outside what is existing. I’m not granting anything,” he said, stressing that he hates gambling.
Duterte added, “You don’t give gambling licenses or franchises for 75 years. It means that when a child is born today, 75 years later — he is that old — there will still be gambling in the city, I will not allow that.”
(DAILY NEWS ROUND UP FOR 08/ 09 /18)