Dennis Uy of Davao loses Cebu casino license

MANILA, Philippines —PH Resorts Group Holdings Inc. (PHR), led by Davao-based Dennis Uy, is dropping its casino bid after the Philippine Amusement and Gaming Corp. (Pagcor) revoked its provisional license for its Cebu project. In a stock filing Thursday, the company said its subsidiaries Lapulapu Leisure Inc. and Lapulapu Land Corp. had received the gaming