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Tag Archives: PAGCOR

Filippiinit – PAGCOR esittelee vuodelle 2026, kun vuoden tulot rikkovat vuoden 2019 luvut

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…

Filippiinit – Galaxy on hereillä, kun Filippiinit kumoavat uusien kasinoprojektien kiellon

Filippiinien pelisääntelyviranomainen PAGCOR on odottamatta vahvistanut poistavansa presidentti Rodrigo Duterten vuonna 2018 asettaman moratorion uusien kasinoprojektien kieltämiseksi ja että se alkaa etsiä uusia sovelluksia kasinoille, myös lomasaarelle Boracaylle. . Hallitus haluaa vauhdittaa taloutta…

Filippiinit – New Coast Hotel Manilan muuttaminen kasinoksi on viivästynyt

International Entertainment Corp (IEC) on vahvistanut, että COVID lykkää yhteistyösopimusta Filippiinien pelialan sääntelyviranomaisen PAGCORin kanssa, jonka mukaan se muuttaisi Manilassa sijaitsevan hotellin Integrated Resortin kasinoksi PAGCORin väliaikaisen lisenssin myöntämisen jälkeen. Yhtiö sanoi: "Erittäin tarttuvan Delta-variantin nousun vuoksi…

Filippiinit – PAGCOR onnistuu palaamaan voitolle liikevaihdon laskusta huolimatta

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…

Filippiinit – Filippiinien kasinoiden tulot kasvavat neljännesvuosittain ennen viimeisimpiä sulkemisia

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…

Filippiinit – PAGCOR ehdottaa kaksinkertaisten pokeripöytien käyttöä

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…