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LRWC Hits Pause on Philippines Casino Plan
Leisure & Resorts World Corp. (LRWC) has shelved plans to build a $550 million integrated resort on Boracay Island in the Philippines, at least for now. Eusebio Tanco, the company’s acting chairman, said he’ll hang onto the real estate and “land-bank it,” but left the door open to a future IR.
