HomeNewsPhilippinesAbout half of POGOs shuttered, hitting PAGCOR revenue

About half of POGOs shuttered, hitting PAGCOR revenue

April 28, 2021

Philippines Amusement and Gaming Corp (PAGCOR) Chair Andrea Domingo said about half of the country’s online gaming operators have shuttered permanently, affecting as many as 300,000 foreign workers.

Domingo said Covid had played a major part as Chinese staff were unable to enter the country.

PAGCOR expects gaming revenue to drop to about PHP16 billion ($330 million) this year, about half of what it earned in 2020.

China-centric online casinos exit Philippines due to virus curbs (Bloomberg)

Last update: 9 August 2021, 11:55 am

AGBrief Editorial https://agbrief.com/about-asia-gaming-brief/

The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

FOLLOW AGB

DAILY EBRIEF

About half of POGOs shuttered, hitting PAGCOR revenue

MORE ARTICLES

Premier League betting brands in limbo after TGP Europe exit

Light & Wonder completes billion-dollar acquisition of Grover Gaming’s charitable gaming

Wynn Resorts abandons bid for casino license in New York

PAGCOR calls for stronger partnerships to address gambling addiction

Melco on track to accelerate de-leveraging amid stronger EBITDA: CBRE

Macau GGR reaches $1.58B in 18 days of May: Citigroup

PH Senator pushes for permanent POGO ban in final senate weeks

PAGCOR warns of fake gaming certifications allegedly linked to Lucky 7 Bingo Corp.

Newport World Resorts sees GGR rise to $141M in 1Q25

PH Resorts clarifies license revocation in Clark distinct from Cebu project

FOLLOW AGB

DAILY EBRIEF

Daily Asia Gaming eBrief: The old and the new: what’s compelling for Aristocrat?

ENQUIRIES & SUBSCRIPTIONS

CONTACTS

FOLLOW AGB