Stotsenberg Leisure Park & Hotel Corporation (SLPH), operating as Casino Plus, has officially been added to the Clark Development Corporation’s (CDC) “Green List.” This designation serves as a third-party validation of the company’s adherence to regulatory standards.
Automatic Operational Renewals
By securing a spot on the Green List, the Integrated Resort (IR) now receives the automatic renewal of its Authority to Operate (ATO). The recognition was formalized during a ceremony held at Teatro sa Nayon, which also marked the debut of the CDC’s streamlined business permit system.
Casino Plus is one of a select group of locators recognized for meeting the standards outlined in Memorandum Circular No. BDBEG 260208. As a land-based IR licensed by PAGCOR, the company had to demonstrate a rigorous focus on compliance to qualify.
Impact on Business Operations
The company stated that in a “high-stakes industry,” transparency is the foundation of reputation. Casino Plus noted that the Green List offers the business predictability required for long-term growth.
According to a statement from Casino Plus, the institutionalization of ease-of-doing-business initiatives allows the company to shift its focus toward delivering superior value to stakeholders and guests, while supporting the economic vitality of the Clark Freeport Zone.
A New Standard for Ease of Doing Business
The management of Casino Plus credited the leadership of CDC President and CEO Atty. Agnes Devanadera for these advancements. Under her direction, the CDC has become the first agency in the Philippines to institutionalize the Automatic Approval provision of the Ease of Doing Business Act of 2018.
During the event, PCEO Devanadera emphasized the accessibility of the CDC, stating, “CDC is within your reach. You can come straight to us. The best that we want to happen here for our locators is for you to be able to earn as much as you can.”
Future Outlook
Moving forward, Casino Plus may continue to play a leading role in the sustainable growth of the Clark Freeport Zone. The company is likely to maintain these high regulatory standards to ensure continued operational stability.
Further information can be found at hotelstotsenberg.com and casinoplus.com.ph.
Frequently Asked Questions
What is the benefit of being on the CDC Green List?
Locators on the Green List, such as Casino Plus, are granted the automatic renewal of their Authority to Operate (ATO).
What requirements must be met to qualify for the Green List?
Qualification requires a focus on compliance, including the validation of all permits, successful completion of inspections, and the full settlement of all financial and corporate obligations.
What legislation supports the CDC’s new approval process?
The process is based on the Automatic Approval provision of the Ease of Doing Business Act of 2018.
Do you believe automatic permit renewals for compliant businesses will encourage more foreign investment in freeport zones?
