Metro Manila will test a five-level system of \u201cgranular\u201d lockdowns in specific areas. Casinos in the Entertainment zone will remain closed for now.<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0Authorities in the Philippines\u00a0<\/strong>have announced that the capital city of Manila will ease\u00a0Covid-19 restrictions<\/a>\u00a0under a five-level system of “granular” lockdowns to better control specific areas of high infection.<\/p>\n\n\n\n According to the government, the Philippines Department of Health will decide which zones will be placed in each level<\/strong>.\u00a0From September 16,\u00a0the entire capital district will be put under “Level 4”<\/strong>, the second-strictest level.<\/p>\n\n\n\n Under Level 4,\u00a0casinos, lottery and betting shops, and other gaming venues must remain shut<\/strong> unless the Inter-Agency Task Force or the Office of the President specifically allows them to reopen.<\/p>\n\n\n\n Under\u00a0Level 3, gambling venues will be able to reopen at 30 per cent capacity<\/strong>, a figure that will increase to 50 per cent in Level 2. “Level 1 will have the least limitations, permitting casinos to work at full limit.<\/p>\n\n\n\n The Philippine Amusement and Gaming Corp (Pagcor) has reported that gaming revenue fell by 27 per cent <\/strong>to PHP18.80bn (US$373.0m) in the second quarter of 2021<\/strong>, down from PHP25.74bn in the first quarter.<\/p>\n\n\n\n However,\u00a0GGR 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 government announced Enhanced Community Quarantine (ECQ)<\/a> measures in April.<\/p>\n\n\n\n Manila\u2019s casinos generated 78 per cent of the GGR<\/strong>\u00a0for the second quarter, with a total of PHP14.67bn. However, the number was down 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. Slot machines GGR dropped by 27.1 per cent from PHP1.46bn<\/strong> to 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","protected":false},"excerpt":{"rendered":" Metro Manila will test a five-level system of \u201cgranular\u201d lockdowns in specific areas. Casinos in the Entertainment zone will remain closed for now.<\/p>\n","protected":false},"author":176,"featured_media":18780,"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 is implementing a five-level \"granular\" lockdown system in Metro Manila, with casinos remaining closed under the initial Level 4, but potentially reopening at reduced capacities in lower levels. This regulatory shift coincides with a reported 27% QoQ decline in Q2 2021 GGR to PHP18.80bn, despite a significant YoY increase, highlighting the ongoing impact of pandemic-related operational restrictions on the gaming sector.","focusai_entities":"Philippine Amusement and Gaming Corp, Philippines Department of Health, Inter-Agency Task Force, Office of the President, Thunderbird Resorts and Casinos","focusai_location":"Philippines, Metro Manila, Manila, Clark Freeport Zone","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.9), operator_casino (0.99), affiliate_publisher (0.75), product_ux (0.7), marketing_crm (0.85), payments_fraud_aml (0.7), investor_analyst (0.97), supplier_vendor (0.88), journalist_researcher (0.92)","focusai_suggestions":[{"label":"GGR Recovery Projections?","query":"Given the Q2 GGR performance and the new granular lockdown framework, what are the revised GGR recovery projections for the Philippines' integrated resorts and PAGCOR-operated casinos for H2 2021 and FY 2022?"},{"label":"Regulatory Impact Analysis?","query":"How will the five-level granular lockdown system specifically impact the B2B and B2C licensing requirements and ongoing regulatory compliance obligations for gaming operators in Metro Manila?"}],"footnotes":""},"categories":[156,16333],"tags":[23907],"class_list":["post-22601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-south-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22601","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=22601"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22601\/revisions"}],"predecessor-version":[{"id":22621,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22601\/revisions\/22621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18780"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Philippines GGR down 27% for Q2<\/h2>\n\n\n\n