Tag Archives: PAGCOR
Philippines – PAGCOR pitches 2026 as the year revenues will break 2019’s figures
PAGCOR, the Philippines gaming regulator, has stated that it will be another four years until its GGR is back up to pre-COVID 2019 levels. PAGCOR’s licensing and regulatory group chief, Daniel Cecilio gave the 2026 prediction to Reuters, saying: “Definitely there will be no more lockdowns but bringing back the confidence of players is hard.” In…
Philippines – Galaxy cảnh giác khi Philippines dỡ bỏ lệnh cấm đối với các dự án sòng bạc mới
Trong một động thái bất ngờ, PAGCOR, cơ quan quản lý hoạt động cờ bạc của Philippines, đã xác nhận rằng họ đang dỡ bỏ lệnh cấm do Tổng thống Rodrigo Duterte đưa ra vào năm 2018 để cấm dự án sòng bạc mới và sẽ bắt đầu xem xét các ứng dụng mới cho sòng bạc, bao gồm cả các ứng dụng dành cho đảo nghỉ mát Boracay. . Với việc chính phủ mong muốn thúc đẩy nền kinh tế sau…
Philippines – Việc chuyển đổi New Coast Hotel Manila thành sòng bạc đã bị trì hoãn
International Entertainment Corp (IEC) đã xác nhận rằng COVID đang trì hoãn thỏa thuận hợp tác với cơ quan quản lý trò chơi PAGCOR của Philippines để biến một khách sạn hiện có ở Manila thành sòng bạc Khu nghỉ dưỡng Tích hợp sau khi được PAGCOR cấp giấy phép tạm thời. Công ty cho biết: “Do sự gia tăng của biến thể Delta rất dễ lây lan…
Philippines – PAGCOR cố gắng quay trở lại có lãi dù doanh thu giảm
PAGCOR, the Philippines gaming regulator, was just about in profit again in June despite a 19.9 per cent drop in revenues in its second quarter, compared to last year, with 14.2 per cent fall quarter by quarter to Php14.78m (US$294m). Profit came in at Php79.1m (US$1.6m), down US$3m from the first quarter but up from…
Philippines – Philippines casinos see quarterly revenue rise before latest closures
Philippine gaming regulator PAGCOR has said that the country’s licensed casinos saw revenues climb quarter to quarter by 17.5 per cent to Php23.2bn (US$400.8m) although first quarter results were still down 39.2 per cent compared to the same period last year. Casinos in Manila’s Entertainment City saw revenues increase to Php21.12bn (US$439m) in the first…
Philippines – PAGCOR suggests using double-width poker tables
Philippine gaming regulator PAGCOR has suggested to operators that they use double-width poker tables to be able to seat more players. PAGCOR sent a memo to casino executives saying they would be allowed to join two poker tables together to help resume operations. The memo stated: “Poker Operators shall be allowed to refurbish, widen and/or…
Philippines – PAGCOR licences its Live Shots online offering to four casinos
PAGCOR, the state-run Philippine operator and regulator, will launch an online casino called Live Shots tailored for Filipino VIP gamblers, which will be licensed to land-based casinos. So far PAGCOR has approved the Live Shots license to be used by Solaire Resort and Casino, Okada Manila, City of Dreams and a land-based casino in Subic….
Philippines – PAGCOR to allow casinos in Entertainment City to offer online gambling
Solaire, City of Dreams Manila, and Okada Manila will be able to offer gambling online to help casinos in Manila’s Entertainment City survive the downturn in trade due to the coronavirus pandemic. PAGCOR’ President Alfredo Lim informed Bloomberg that it had approved applications from the three casinos to offer ‘betting through the internet.’ The Department…
Philippines – PAGCOR still in profit but revenues down 60 per cent in Q3
PAGCOR, the Philippines gaming regulator and casino operator, said it generated Php22.33bn (US$461.1m) during the first nine months of 2020, meaning COVID-19 wiped 60 per cent off the Php55.77bn (US$1.09bn) it generated from gaming last year. The company actually recorded a profit Php137.2m (US$2.8m) although that was a substantial reduction on the profit generated in…
