Emerald Bay Casino dreams shattered! Huang Shuxian loses to the Shi family, 13.7 billion pesos gone to nothing.

Philippine businessman Dennis A. Uy's PH Resorts Group has officially lost control of the Emerald Bay casino project in Cebu. The reason is that the company failed to repurchase the core asset from the Schumacher family-controlled China Bank within the deadline.Emerald Bay was Uy's most ambitious ga

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