• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Pagcor earmarks US$42mln for building evacuation centres

Nov 24, 2020 Newsdesk Latest News, Philippines, Top of the deck  


Pagcor earmarks US$42mln for building evacuation centres

Casino regulator-cum-operator the Philippine Amusement and Gaming Corp (Pagcor) says it has allocated PHP2 billion (US$41.5 million) for the construction of multipurpose evacuation centres (pictured in an artist’s rendering) in some of the country’s typhoon-prone provinces.

Pagcor has initially approved 32 evacuation centres to be constructed in 31 sites across the nation, it said in a Monday press release.

Andrea Domingo, Pagcor’s chairman and chief executive, said in the release that the gaming regulator would allocate the amount “despite” the body’s “significant revenue losses due to the suspension of gaming operations and strict community quarantine measures” implemented nationally to stem the further spread of the Covid-19 pandemic.

“The Filipinos have suffered a lot this year – from the global pandemic to a series of destructive typhoons. Hence, despite our revenue losses, we have committed to provide a long-term solution to the most vulnerable sectors and communities,” Ms Domingo said as quoted in the release.

An extensive lockdown for Metro Manila, including for its large-scale casino resorts in Entertainment City, was first announced in mid-March as part of Covid-19 countermeasures, and was subsequently extended in increments although the terms were relaxed somewhat. Since June, casino firms in the capital city have been allowed to resume gaming operations at limited capacity.

A series of typhoons recently hit the Philippines, causing dozens of deaths and leaving approximately 1 million people displaced.

According to Ms Domingo, while thousands of locals are evacuated whenever there is a disaster, some local government units “do not have enough evacuation centres.”

“We want to fill in that gap. Our multipurpose evacuation centres will be designed to withstand strong typhoons so that evacuees will feel safe and comfortable while they are away from their homes,” she added.

Once all details of the project are finalised, Pagcor said it would directly turn over the funding to the beneficiary local government units to set up the respective evacuation centres. The gaming regulator said it will adopt three schemes of donation depending on the site, and the need of each specific province.

In October, Pagcor reported income from gaming operations of approximately PHP22.33 billion in the first nine months of 2020, down 60.0 percent from a year earlier. The body posted net income of nearly PHP132.7 million for the period, compared with PHP4.97 billion a year earlier.


  • tweet
Related articles
  • Okada Manila 1Q GGR down 41pct amid casino restrictions
    Okada Manila 1Q GGR down 41pct amid...

    Apr 19, 2021  

  • NUSTAR complex in Cebu slated to open 2022: UHRI
    NUSTAR complex in Cebu slated to open...

    Apr 16, 2021  

More news
  • Oaktree offers US$$2.3bln for Crown to buy out Packer
    Oaktree offers US$$2.3bln for Crown to...

    Apr 19, 2021  

  • Macau VIP GGR up 20pct sequentially in 1Q: govt
    Macau VIP GGR up 20pct...

    Apr 16, 2021  


Latest News

Oaktree offers US$$2.3bln for Crown to buy out Packer

Oaktree offers US$$2.3bln for Crown to buy out Packer

Apr 19, 2021  

Australian casino operator Crown Resorts Ltd said on Monday it had received a circa AUD3.0-billion (US$2.31-billion) proposal by private equity firm Oaktree Capital Management LP to buy the...
Read More
Okada Manila 1Q GGR down 41pct amid casino restrictions

Okada Manila 1Q GGR down 41pct amid casino restrictions

Apr 19, 2021  

Macau VIP GGR up 20pct sequentially in 1Q: govt

Macau VIP GGR up 20pct sequentially in 1Q: govt

Apr 16, 2021  

NUSTAR complex in Cebu slated to open 2022: UHRI

NUSTAR complex in Cebu slated to open 2022: UHRI

Apr 16, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.14 billion

Macau’s total VIP gross gaming revenue in the first quarter of 2021



Most Popular

  • Macau 2021 GGR could be half of pre- Covid-19 levels: FitchMacau 2021 GGR could be half of pre- Covid-19 levels: Fitch April 15, 2021
  • NUSTAR complex in Cebu slated to open 2022: UHRINUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021
  • Sands China says no links to online gaming siteSands China says no links to online gaming site April 15, 2021
  • Bloomberry Quezon project in 2023, focus on preserving cashBloomberry Quezon project in 2023, focus on preserving cash April 16, 2021
  • Macau may tie GBA backing to gaming tender: law expertsMacau may tie GBA backing to gaming tender: law experts April 16, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us