• 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

Philippines casino GGR up 12 pct in 3Q

Nov 16, 2016 Newsdesk Latest News, Philippines, Top of the deck  


Philippines casino GGR up 12 pct in 3Q

The Philippines casino industry reported gross gaming revenue (GGR) of PHP34.17 billion (US$695.1 million) in the third quarter of 2016, up by 12.4 percent from the prior-year period, said the country’s gaming regulator.

Nationwide casino GGR for the first nine months of 2016 was PHP99.77 billion, an increase of 19.8 percent in year-on-year terms, said the Philippine Amusement and Gaming Corp (Pagcor).

In the third quarter, revenue from electronic gaming sites reached PHP5.58 billion. Aggregate national GGR – for electronic gaming sites and casinos combined – was PHP39.74 billion in the three months to September 30, up by 11.2 percent year-on-year.

Casino resorts in the Philippines capital Manila recorded overall GGR of PHP22.61 billion in the third quarter, an increase of 19.8 percent compared to PHP18.88 billion in the prior-year quarter.

Manila’s casino resort sector includes three properties, namely: City of Dreams Manila, run by a subsidiary of Melco Crown Entertainment Ltd; Resorts World Manila, owned and operated by Travellers International Hotel Group Inc, a venture between Philippine-based Alliance Global Group Inc and Genting Hong Kong Ltd; and Solaire Resort and Casino, controlled by Bloomberry Resorts Corp.

Bloomberry on Monday reported net profit of approximately PHP1.41 billion for the three months ended September 30. The casino operator said the third quarter produced the “best ever” quarterly VIP volume, mass table drop and electronic gaming machine coin-in for Solaire.


  • tweet
Related articles
  • Pagcor rev topped US$5.4bln in 6 years, says Domingo
    Pagcor rev topped US$5.4bln in 6 years,...

    Jun 30, 2022  

  • Pagcor says 35pct of revenue owed from POGOs ‘resolved’
    Pagcor says 35pct of revenue owed from...

    Jun 27, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • GKL says no biz lift soon from S.Korea-Japan travel easingGKL says no biz lift soon from S.Korea-Japan travel easing July 1, 2022
  • Macau monthly GGR for June worst since Sept 2020Macau monthly GGR for June worst since Sept 2020 July 1, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us