International edition
October 15, 2021

Opening of City of Dreams Manila lifts expectations

PAGCOR forecasts USD1 billion revenues for 2014

(Philippines).- The Philippine Amusement and Gaming Corporation (PAGCOR) predicts a 6% rise in revenue in 2014 - in excess of US$1 billion. The forecast is based on expected increases in gaming revenues and regulatory fees and the opening of City of Dreams Manila, the second of four destination-scale casino hotels licensed for a special resort district at Manila Bay called Entertainment City.

P

AGCOR regulates the country’s land-based and online gaming industries and runs 13 casinos of its own under the Casino Filipino brand. The Philippines’ state-owned casino operator shrugged off a weaker-than-expected performance in 2013 to predict solid growth for the year ahead.

The forecast is based on expected increases in gaming revenues and regulatory fees and the opening of City of Dreams Manila, the second of four destination-scale casino hotels licensed for a special resort district on Manila Bay called Entertainment City. 

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook