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Tagu arhīvi: 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…

Filipīnas — Galaxy ir brīdināts, jo Filipīnas atceļ jaunu kazino projektu aizliegumu

Filipīnu azartspēļu regulators PAGCOR ir apstiprinājis, ka tas atceļ moratoriju, ko 2018. gadā ieviesa prezidents Rodrigo Duterte, lai aizliegtu jaunu kazino projektu, un sāks meklēt jaunus kazino pieteikumus, tostarp jebkurus, kas paredzēti brīvdienu salai Boracay. . Tā kā valdība vēlas veicināt ekonomiku pēc…

Filipīnas — New Coast Hotel Manila pārveide par kazino ir aizkavējusies

International Entertainment Corp (IEC) ir apstiprinājusi, ka COVID aizkavē sadarbības līguma noslēgšanu ar Filipīnu spēļu regulatoru PAGCOR, kas paredz, ka tā pēc PAGCOR pagaidu licences izsniegšanas Manilā esošo viesnīcu pārveidotu par Integrated Resort kazino. Uzņēmums sacīja: “Ļoti lipīgā Delta varianta pieauguma dēļ…

Filipīnas — PAGCOR spēj atgriezties pie peļņas, neskatoties uz ieņēmumu kritumu

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….

Filipīnas — PAGCOR ļaus Entertainment City kazino piedāvāt tiešsaistes azartspēles

Solaire, City of Dreams Manila un Okada Manila varēs piedāvāt tiešsaistes azartspēles, lai palīdzētu Manilas izklaides pilsētas kazino pārdzīvot koronavīrusa pandēmijas izraisīto tirdzniecības lejupslīdi. PAGCOR prezidents Alfredo Lims informēja Bloomberg, ka tas ir apstiprinājis trīs kazino pieteikumus, lai piedāvātu "likmes, izmantojot internetu". Departaments…

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…