PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned throughout the long-term financial implications stemming from the terror that is recent on Resorts World Manila that left 37 innocent dead.
About that Resorts World Manila attack? Shouldn’t have any negative effect on gaming revenue, so says PAGCOR Chairwoman Andrea Domingo.
PAGCOR CEO Andrea Domingo told reporters this week that her agency does not expect the nation’s casino industry to suffer because of the tragedy.
On June 2, a man reportedly struggling with a severe gambling addiction, entered Resorts World into the money city and lit elements of the gaming floor on fire.
‚As of now, I don’t see any effect on the gaming industry,‘ Domingo stated, as reported by Malaya Business Insight. ’since, we’re averaging P5 billion ($101 million) a month, so that’s around P25 billion as of May january. I think we’ll have the ability to strike the prospective of P60 billion and above.‘
The cause of Domingo’s seemingly unwarranted optimism is that the Resorts World attack is not thought to have been linked to any terroristic organization. Capital Region Police Office Chief Oscar Albayalde said the suspect, whom later committed suicide, was greatly indebted to the casino and that was his main motive.
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