PAGCOR expects record revenues in 2019 amid regional competition

The state regulator Philippine Amusement and Gaming Corporation (PAGCOR) anticipates another year of record highs in gross gaming revenue (GGR), as the amount of gaming activity in Asia is poised to increase.

The agency’s CEO, Andrea Domingo, told Reuters that she was projecting a GGR of PHP217 billion ($4.12 billion) in 2019, which would be about 8.5% higher than that achieved last year.

She based her analysis on the fact that “[a]ll the integrated casino resorts are doing very well” at present.

Most of the large-scale casinos in Metro Manila are based in the Entertainment City complex, overlooking Manila Bay: City of Dreams Manila, Okada Manila, and Solaire Resort & Casino. Another casino resort in the area, Westside City, is owned by Resorts World Manila operator Travellers International and is scheduled to open in 2021.