PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned within 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 negative effect on gaming revenue, therefore says 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 as a result of the tragedy.
On June 2, a man reportedly enduring a serious gambling addiction, entered Resorts World within the money city and lit elements of the gaming flooring 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 think we are going to manage to hit the prospective of P60 billion and above.’
The cause of Domingo’s seemingly unwarranted optimism is that the Resorts World attack is not believed to have been linked to any organization that is terroristic. Capital Region Police workplace Chief Oscar Albayalde stated the suspect, who later committed committing suicide, was greatly indebted to the casino and that ended up being their main motive.
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