{"id":14705,"date":"2021-02-15T15:39:10","date_gmt":"2021-02-15T15:39:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14705"},"modified":"2026-04-23T21:49:05","modified_gmt":"2026-04-24T00:49:05","slug":"philippine-ggr-reaches-us400-8m-in-last-quarter-of-2020","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippine-ggr-reaches-us400-8m-in-last-quarter-of-2020","title":{"rendered":"Philippine GGR reaches US$400.8m in last quarter of 2020"},"content":{"rendered":"\n<p>The Philippines&#8217; licensed casinos reported an increase of 27.7 per cent in GGR compared with Q3.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0PAGCOR has announced that licensed casinos, PAGCOR-operated casinos, bingo operations and electronic games brought in GGR <strong>of Php25.80bn (US$538.5m) in Q4<\/strong> <strong>2020<\/strong>. That&#8217;s an increase of 27.7 per cent on GGR of <strong>Php17.66bn (US$368.6m) in Q3<\/strong>.<\/p>\n\n\n\n<p>Casinos in the Philippines were closed from March 15 last year due to the Covid-19 pandemic and reopened <strong>at 30 per cent capacity in August<\/strong>.<\/p>\n\n\n\n<p>Integrated resorts saw the biggest quarterly growth, with <strong>GGR up 30.4 per cent to Php16.90bn (US$352.8m)<\/strong>.<\/p>\n\n\n\n<p>PAGCOR <em><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-revenue-down-60-in-2020\" target=\"_blank\">revenues fell by 60.4 per cent to US$624m<\/a><\/strong><\/em> in 2020, the lowest level in at least seven years.<\/p>\n\n\n\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippines&#8217; licensed casinos reported an increase of 27.7 per cent in GGR compared with Q3.<\/p>\n","protected":false},"author":176,"featured_media":14710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippines' licensed casinos reported a significant 27.7% increase in Gross Gaming Revenue (GGR) in Q4 2020 compared to Q3, reaching Php25.80bn (US$538.5m). This recovery follows closures due to the Covid-19 pandemic and a phased reopening at 30% capacity, though PAGCOR's overall 2020 revenues declined by 60.4% to a seven-year low.","focusai_entities":"PAGCOR","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 2021 Outlook","query":"What are the projections for GGR growth and operational capacity for Philippine integrated resorts in Q1 2021, considering the Q4 2020 recovery trajectory?"},{"label":"Regulatory Impact","query":"How will PAGCOR's significant 2020 revenue decline influence its regulatory approach, licensing frameworks, or fiscal contributions in the coming year?"}],"footnotes":""},"categories":[157,158,16333],"tags":[23632,23907,405],"class_list":["post-14705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-integrated-resorts","tag-land-based-casino","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14705"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14705\/revisions"}],"predecessor-version":[{"id":14741,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14705\/revisions\/14741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14710"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}