Casino Gaming News Philippines
Metro Manila (CNN Philippines, March 15) — The Philippine Amusement and Gaming Corporation (PAGCOR) on Sunday ordered the suspension of all casino and other gaming operations in Metro Manila amid the increasing threat of coronavirus disease or COVID-19 in the country.
The Philippines Amusement and Gaming Corp (PAGCOR) is studying a proposal to allow land-based casinos accept bets online as operators and the government seek ways to mitigate losses due to Covid-19. The market regulator said in an email response to Asia Gaming Brief that it had received the request from operators in the country during the crisis. “During the lockdowns this year, proposals. Nov 25, 2020 Newsdesk Latest News, Philippines, Top of the deck The Philippine casino sector produced nearly PHP15.95 billion (US$331.5 million) in gross gaming revenue (GGR) in the third quarter, up 602.6 percent from the preceding three months. Pagcor has made recommendations for a casino reopening to the Inter-Agency Task Force on Emerging Infectious Disease. The regulator lost about USD 120.2 million worth of revenue a month during the lockdown, with which it funds various government social programs, including sports development initiatives.
Land-based casinos, electronic games, bingo, sports betting, poker, and slot machine clubs operations will be suspended immediately. PAGCOR said the order will remain until the duration of the community quarantine imposed on Metro Manila.
PAGCOR said Philippine offshore gaming operations (POGO) will remain, but with limitations. The state-run agency said only a minimum number of workers will be allowed in their workplaces. Latest available government data show that POGO service providers have about 108,914 employees.
Casino Gaming News Philippines 2020
The rest of POGO workers will be restricted to their living quarters where they will observe social distancing and quarantine protocols, PAGCOR said.
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'PAGCOR believes in the seriousness of the COVID-19 situation. Hence, it supports the government’s extreme effort in containing the virus. For its part, the state-run gaming agency has decided to prohibit public gatherings in its gaming venues and in the licensed gaming properties that it regulates,' it announced on its Facebook page.
Casino Gaming News Philippines 2019
It added that operations of PAGCOR properties will likewise be suspended in areas outside Metro Manila if the local government declares a community quarantine.