Philippines GGR up 52% for Q3
The Philippines’s GGR was up 52 per cent when compared to the previous year, from PHP17.6bn to PHP26.94bn (US$538m).
The Philippines.- The Philippine Amusement and Gaming Corp (Pagcor) has reported that gaming revenue grew by 52 per cent year-on-year to PHP26.94bn (US$538m).
The figure was also up when compared to PHP18.80bn (US$373.0m) registered in the second quarter of 2021.
PAGCOR reported revenue from licensed casinos was PHP21.7bn, up from PHP16.9bn recorded in the second quarter of the year. Casinos located in the Entertainment City of Metro Manila also registered a growth in GGR from PHP16.6bn to PHP19.36bn quarter-on-quarter.
As regards e-Sabong revenue, the regulator reported it had collected PHP1.21bn during the third quarter of the year. Licenced e-sabong (online cockfighting) operators started to operate in the Philippines in May.
PAGCOR Chairman Andrea Domingo said the maximum number of e-sabong licences would be 12.
Income from electronic gaming increased to PHP613m, while bingo revenue was PHP1.65bn.
The total GGR generated by PAGCOR from January to September stood at PHP77.84bn.
Casinos in Manila resume operations at 90% capacity
Casinos in Manila are starting to increase their capacity limits after the city’s Covid-19 countermeasure level was reduced to Alert Level 2 until November 21.
City of Dreams Manila has increased the dining capacities in restaurants and reopened other facilities.
Its casino is now operating at 90 per cent capacity. Vaccination is not necessary for customers. Three players are allowed per table and active slot machines are spaced one seat apart. Distance markers are being used in reception areas.
Meanwhile, Solaire Resort, has announced its casino is open and operating at a limited capacity in compliance with the government’s guidelines for General Community Quarantine Alert Level 2.
