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The Philippine Department of Environment and Natural Resources (DENR) admitted that the proposed construction of a $500-million resort on Boracay contradicts the recently announced decision for the the island’s closure for an environmental cleanup.The official acknowledged that the $500-million scheme contradicted efforts to be taken for Boracay’s rehabilitation.

The Integrated Resorts Cyprus Consortium (IRCC) launched on Monday the official website of City of Dreams Mediterranean, the €550-million casino resort currently under development in the Republic of Cyprus.The website contains information about the project and future job opportunities as well as a section dedicated to the vibrant Mediterranean nation that will be home to the resort.

Major casino operator Las Vegas Sands has been lobbying for the legalization of gambling in Brazil in a manner similar to other jurisdictions the company has been operating in, including Las Vegas, Macau, and Singapore.And it can be said that it was namely Las Vegas Sands that introduced and popularized the integrated resort model and that it has proved particularly profitable for the company over the years.