THE Philippine Amusement and Gaming Corp. (Pagcor) granted Udenna Development Corp. (UDC) led by Davao-based businessman Dennis Uy a provisional license to construct a $341-million integrated resort and casino in Cebu.

“We are grateful for the confidence and opportunity given to us by Pagcor. This approval is accepted with our commitment to the integrity and transparency demanded by the President Rodrigo Duterte administration, our regulators, and the broader gaming industry. This significant event is only the beginning of our vision of a globally competitive leisure, residential and commercial destination in Central Visayas,” UDC owner Dennis Uy said in a statement on Friday.

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