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 en alerte alors que les Philippines lèvent l’interdiction des nouveaux projets de casino
Dans un geste inattendu, PAGCOR, l'organisme de réglementation des jeux de hasard des Philippines, a confirmé qu'il levait le moratoire introduit par le président Rodrigo Duterte en 2018 pour interdire les nouveaux projets de casino, et qu'il commencerait à étudier de nouvelles applications pour les casinos, y compris pour l'île de vacances de Boracay. . Le gouvernement étant désireux de stimuler l’économie suite à la…
Philippines – La transformation du New Coast Hotel Manila en casino a été retardée
International Entertainment Corp (IEC) a confirmé que COVID retardait un accord de coopération avec le régulateur des jeux philippin PAGCOR qui le verrait transformer un hôtel existant à Manille en un casino Integrated Resort après la délivrance d'une licence provisoire de PAGCOR. La société a déclaré : « En raison de la montée en puissance de la variante Delta hautement contagieuse…
Philippines – PAGCOR parvient à renouer avec les bénéfices malgré la baisse des revenus
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 autorisera les casinos d’Entertainment City à proposer des jeux de hasard en ligne
Solaire, City of Dreams Manila et Okada Manila seront en mesure de proposer des jeux de hasard en ligne pour aider les casinos de la ville du divertissement de Manille à survivre au ralentissement du commerce dû à la pandémie de coronavirus. Le président de PAGCOR, Alfredo Lim, a informé Bloomberg qu'il avait approuvé les demandes des trois casinos pour proposer des « paris via Internet ». Le département…
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…
