Arkivji Tag: 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…
Filippini – Galaxy fuq allert hekk kif il-Filippini tneħħi l-projbizzjoni fuq proġetti ġodda ta’ każinò
F'mossa mhux mistennija, PAGCOR, ir-regolatur tal-logħob tal-Filippini, ikkonferma li qed ineħħi l-moratorju introdott mill-President Rodrigo Duterte fl-2018 biex jipprojbixxi proġett ġdid ta' każinò, u li se jibda jħares lejn applikazzjonijiet ġodda għall-casinos, inkluż kwalunkwe għall-gżira tal-vaganzi Boracay. . Bil-gvern ħerqan li jsaħħaħ l-ekonomija wara l-...
Filippini – It-trasformazzjoni ta’ New Coast Hotel Manila f’każinò ġiet ittardjata
L-International Entertainment Corp (IEC) ikkonfermat li COVID qed ittardja ftehim ta’ kooperazzjoni mar-regolatur tal-logħob tal-Filippini PAGCOR li jaraha tittrasforma lukanda eżistenti f’Manila f’każinò Integrat Resort wara l-ħruġ ta’ liċenzja proviżorja minn PAGCOR. Il-kumpanija qalet: "Minħabba ż-żieda tal-varjant Delta li jittieħed ħafna...
Il-Filippini – PAGCOR jirnexxilu jerġa’ lura għall-profitt minkejja li d-dħul jonqos
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…
Il-Filippini – PAGCOR tagħti liċenzja lill-offerta ta’ Live Shots online tagħha lil erba’ każinos
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…
