PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned throughout the long-term fiscal 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 impact that is negative video gaming revenue, so says PAGCOR Chairwoman Andrea Domingo.
PAGCOR CEO Andrea Domingo told reporters this that her agency doesn’t expect the country’s casino industry to suffer as a result of the tragedy week.
On June 2, a man reportedly struggling with a severe gambling addiction, entered Resorts World into the capital city and lit elements of the gaming flooring burning.
‘As of now, I don’t see any impact 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 do believe we are going to have the ability 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 possess been linked to any organization that is terroristic. Capital Region Police workplace Chief Oscar Albayalde stated the suspect, whom later committed committing suicide, was greatly indebted to the casino and that was their main motive.
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