PAGCOR Says Manila Casino Mass Killing Won’t Hurt Gaming Revenue, or Impact Martial Law Directive

PAGCOR Says Manila Casino Mass Killing Won’t Hurt Gaming Revenue, or Impact Martial Law Directive

PAGCOR, the Philippines Amusement and Gaming Corporation, is none too concerned throughout 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 affect video gaming revenue, so states 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 suffering from a serious gambling addiction, entered Resorts World within the money city and lit elements of the gaming floor 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 will have the ability to strike the prospective of P60 billion and above.’

The explanation for 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 workplace Chief Oscar Albayalde said the suspect, whom later committed committing suicide, was greatly indebted to the casino and that ended up being his main motive.

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