Glynhill to run casino

PUBLISHED : Friday, 24 May, 1996, 12:00am
UPDATED : Friday, 24 May, 1996, 12:00am

Lai Sun Development subsidiary Glynhill International has entered into a deal to manage and market a floating casino and hotel off Cebu in the Philippines.

A 70 per cent-owned Glynhill subsidiary will receive a percentage of gross operating profits plus expenses for running the hotel. The casino is operated by the Philippine Government.