PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned within the long-term fiscal implications stemming from the recent terror wreaked on Resorts World Manila that left 37 innocent dead.
About that Resorts World Manila attack? Shouldn’t have negative effect on video gaming revenue, so says PAGCOR Chairwoman Andrea Domingo.
PAGCOR CEO Andrea Domingo told reporters this week that her agency does not expect the country’s casino industry to suffer due to the tragedy.
On June 2, a man reportedly enduring a gambling that is severe, entered Resorts World into the capital city and lit areas of the gaming flooring on fire.
‘As of now, I don’t see any effect on the gaming industry,’ Domingo stated, as reported by Malaya company Insight. ‘Since January, we’re averaging P5 billion ($101 million) a month, in order that’s around P25 billion as of might. I think we’ll find a way to hit the target of P60 billion and above.’
The reason behind Domingo’s seemingly unwarranted optimism is that the Resorts World attack isn’t believed to have been linked to any organization that is terroristic. Capital Region Police workplace Chief Oscar Albayalde stated the suspect, whom later committed suicide, was heavily indebted to the casino and that was their main motive.
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