PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned on the long-term financial implications stemming from the recent terror wreaked on Resorts World Manila that left 37 innocent dead.
About that Resorts World Manila attack? Should not have any impact that is negative gaming revenue, so claims PAGCOR Chairwoman Andrea Domingo.
PAGCOR CEO Andrea Domingo told reporters this week that her agency doesn’t expect the country’s casino industry to suffer because of the tragedy.
On June 2, a man reportedly enduring a gambling that is severe, entered Resorts World within 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 said, 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 be able to hit the target of P60 billion and above.’
The reason behind Domingo’s seemingly unwarranted optimism is that the Resorts World attack is not thought to possess been linked to any terroristic organization. Capital Region Police workplace Chief Oscar Albayalde said the suspect, who later committed committing suicide, was heavily indebted to the casino and that ended up being their main motive.
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