The Philippine Amusement and Gaming Corporation (PAGCOR) is expected to privatize its operations and retain 75% of its annual revenue.
PAGCOR vice president Sharon Quintanilla said that 75% of the agency’s income comes from its regulatory functions from licensing of domestic casinos, e-games, e-bingo, and Philippine offshore gaming operations (POGO). The other 25% of its income comes from the casinos and domestic gambling operations they own and operate.
Once the national gambling regulator sells their domestic operations to the private sector, those operations must obtain licensing at the standard rate.
- Domestic Casinos Owned By PAGCOR
PAGCOR currently owns 46 domestic casinos, most of which are satellite or smaller operations compared to the big resort-style casinos in Entertainment City. However, PAGCOR does own some resort-style casinos, but they are less luxurious than some of the more well-known brands currently residing in the Metro Manila area.
Source: 바카라사이트
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