Philippines regulator-operator reports on latest results
News on 1 Nov 2017
News on 1 Nov 2017
The Philippine Amusement and Gaming Corp. (Pagcor) which both regulates and operates gambling assets in the Philippines has posted its results for the period January – September 2017, highlighting:
* Net income up 36.3 percent y-o-y at of P4.4 billion;
* Income from gaming operations P42.4 billion;
* After tax total income up 15.7 percent at P22.2 billion;
* Gross expenses up at P17.7 billion.
Working with national government, Pagcor is currently evaluating its land casino assets with a view to privatising the portfolio at some future point.
