Miễn phí của Phi công ty con nói Manila khách sạn casino phát triển không bị ảnh hưởng bởi Alvin Châu bắt giữ

 Development of our free US$1 billion Manila hotel and casino project will continue as planned, although the free arrest of President Alvin Chau this week, according to the group Phi Subsidiaries.

In response to inquiries from Philippine Securities, Holding Development Inc., which is 51% owned by Free, said "it is not expected that the matter surrounding Mr. Chau... will have any material whether directly adversely impact the financial position, business operations," of the company.

"The organization currently has no commercial activities and construction of the 5-star hotel and casino complex is proceeding as scheduled.

"At this time, notice, the above developments are not expected to have a material impact on the world of construction."

The organization added that it is boasting coins and equivalents of around Php7.7 billion (US$152.8 million) to support immediate, construction and work capital requirements.

Chau was arrested by Macau authorities on Saturday and sent to jail to await trial for charges of criminal association, illegal gambling and money laundering. The Public Prosecutor's Office has accused Chau of establishing a betting platform in the Philippines that provided proxy betting services to customers in China, then of the funds to bank accounts held by Macau-based on the company.

Chau this week Step down as President and director of both Free Groups and the Summit goes to Len Co, although not directly related to the free-to-play Game Promotions Company entity wholly owned by Chau which operates a free-to-play festival room.

Due for completion in 2024 and part of Westside City Resorts World project in Manila's Entertainment City organization of hotels and casinos will incorporate a 450-room hotel, a casino with 400 gaming tables and 1,200 slot machines, a brand new hotel by free and many entertainment options.

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