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Strong first half for PAGCOR as revenue grows to €655m

6th August 2019 7:51 am GMT

The state-owned Philippine Amusement and Gaming Corporation (PAGCOR) has reported a 9 per cent increase in gross revenue to P38.1bn (€655.2m) for the first half of 2019.

PAGCOR said that it was another promising performance for the state agency, with revenue coming in P3.9bn ahead of its previous guidance of P34.2bn.

Of the total H1 revenue, P36.6bn was generated by gaming operations, including fees from licensees and offshore gaming operators.

PAGCOR chairman and CEO Andrea Domingo said that [...]

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