Asia

Philippines’ GGR could touch €20bn this year-end

Published

7 years ago

December 4, 2018

Niji Narayan

Philippines’ GGR could touch €20bn this year-end

Photo Source: independent.co.uk

Reading Time: < 1 minute

Andrea Domingo, chairperson of the Philippine Amusement and Gaming Corporation (PAGCOR), predicts that the country’s gaming gross revenue (GGR) will cross the €20 billion mark by the end of this month.

Domingo states that the figure would mean a 14 per cent rise compared to 2017, and a 3.2 per cent increase over the estimated forecast.

“Our performance this year is better than expected for both the private integrated resorts and the Pagcor-owned casinos,” said Domingo, and predicted that GGR would experience another increase to €23 billion by 2019, another 13 per cent from 2018.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.