• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Pagcor 2020 gaming op rev likely US$1.4bln, says official

Aug 26, 2019 Newsdesk Latest News, Philippines, Top of the deck  


Pagcor 2020 gaming op rev likely US$1.4bln, says official

Casino regulator-cum-operator the Philippine Amusement and Gaming Corp (Pagcor) expects its revenue from gaming operations to hit PHP73.6 billion (US$1.4 billion) in full-year 2020. That is according to Pagcor vice president James Patrick Bondoc, quoted by local media.

Mr Bandoc disclosed the figure during a budget briefing on Friday to the Congress of the Philippines.

He added that Pagcor’s projected overall revenue for 2020 stood at PHP75.1 billion, representing a 1.8-percent increase compared to the estimate for full-year 2019.

Pagcor expects to collect PHP1.5 billion from related services and other income in 2020, Mr Bandoc said.

He added that Pagcor’s total operating expenses were expected to reach PHP19.7 billion in 2020, up by 16.7 percent from this year’s budget.

Pagcor reported in July that income from gaming operations in the six months to June 30 stood at approximately PHP36.57 billion, up 9.3 percent from a year earlier. Pagcor said at the time regulatory fees collected from licensed casinos – included in its gaming revenue – reached approximately PHP13.67 billion in the first half of the year.

Pagcor reported a total income from gaming operations of PHP67.85 billion for full-year 2018.


  • tweet
Related articles
  • Public poll shows fears on POGOs, says Philippine lawmaker
    Public poll shows fears on POGOs, says...

    Jan 27, 2023  

  • Philippine casinos’ player exclusion rate up 62pct in 2022
    Philippine casinos’ player...

    Jan 04, 2023  

More news
  • Available Macau casino tables busy at tail of CNY hols
    Available Macau casino tables busy at...

    Jan 27, 2023  

  • Macau economy to see double-digit growth in 2023: AMCM
    Macau economy to see double-digit...

    Jan 27, 2023  


Latest News

Available Macau casino tables busy at tail of CNY hols

Available Macau casino tables busy at tail of CNY hols

Jan 27, 2023  

Some Macau casinos visited by GGRAsia on Thursday, actually had tables that were closed, notwithstanding strong consumer demand during Chinese New Year (CNY). The reasons for some tables being...
Read More
Macau economy to see double-digit growth in 2023: AMCM

Macau economy to see double-digit growth in 2023: AMCM

Jan 27, 2023  

Macau, APAC early gainers in China tourist return says Fitch

Macau, APAC early gainers in China tourist return says

Jan 27, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


384,600

Aggregate number of visitors to Macau during the first six days of the Chinese New Year holiday break



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • G2E Asia in-person for Macau in 2023, first time since 2019G2E Asia in-person for Macau in 2023, first time since 2019 January 27, 2023
  • Nearly 70k visitors to Macau on 6th day of CNY breakNearly 70k visitors to Macau on 6th day of CNY break January 27, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us