The Philippine Amusement and Gaming Corp (PAGCOR) said it has delivered immediate help to thousands of residents in the Bicol region who were affected by super typhoon Rolly, delivering food and non-food relief packs.
The food packs distributed by PAGCOR contained rice, instant noodles and canned goods, while non-food items comprised of blankets, mosquito nets and toiletries.
PAGCOR Chairman and CEO Andrea Domingo said that while the COVID-19 pandemic has cripppled the agency’s revenues, it will continue to do its best to provide aid to the typhoon victims in Bicol.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.