The Philippines\u2019s GGR was down 27 per cent quarter-on-quarter, mainly due to the temporary closure of casino venues in Metro Manila.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- The Philippine Amusement and Gaming Corp (Pagcor) has reported that gaming revenue\u00a0fell by 27 per cent\u00a0<\/strong>to PHP18.80bn (US$373.0m)\u00a0in the second quarter of 2021<\/strong>, down from PHP25.74bn in the first quarter.<\/p>\n\n\n\n However, GGR was up 690 per cent\u00a0<\/strong>when compared to the previous year when the Covid-19 pandemic haltered the gaming industry and\u00a0the majority of the casino venues were closed<\/a>. The second-quarter decline is also related to\u00a0the Enhanced Community Quarantine (ECQ)<\/a>, announced by the government in April.<\/p>\n\n\n\n Manila’s casinos generated 78 per cent of the GGR<\/strong>\u00a0for the second quarter, with a total of PHP14.67bn. However, the number fell by 30.5 per cent from the previous quarter when casino venues generated almost PHP21.12bn.\u00a0<\/p>\n\n\n\n Casinos located in the Clark Freeport Zone<\/strong> reached PHP2.24bn in GGR, up 19.1 per cent when compared to the PHP1.88bn registered for the first quarter. Thunderbird Resorts and Casinos gaming properties<\/strong> experienced a 67.9 per cent decline quarter-on-quarter to PHP86.93m.<\/p>\n\n\n\n PAGCOR operated casinos reached PHP486.2m in table games GGR<\/strong>, down 35.4 per cent from the previous quarter.\u00a0Slot machines GGR dropped by 27.1 per cent from PHP1.46bn<\/strong>\u00a0to PHP1.07bn.<\/p>\n\n\n\n The total GGR generated by PAGCOR properties in the second quarter was PHP1.80bn \u2013 9.6 per cent of all industry GGR and a decrease of 27.3 per cent from the first three months of the year.<\/p>\n\n\n\nPAGCOR gaming income down 20 per cent for H1<\/h2>\n\n\n\n