Philippines licensed casino GGR up 29.6% in 1Q22

Philippines’ licensed casinos produced a total of P30.1 billion ($575.6 million) in gross gaming revenue (GGR) in 1Q22, rising 29.6 percent compared to the same period in 2021, according to data released by PAGCOR.

The lion’s share of this GGR came from licensed casinos in Entertainment City, which includes Bloomberry’s Solaire Resort and Casino, Melco’s City of Dreams Manila, Genting’s Resorts World Manila and Universal Entertainment’s Okada Manila.

Eric Coskun, director of casino projects at IGamiX Management & Consulting told Asia Gaming Brief last month that he expects casinos in Entertainment City to surpass the $2.2 billion generated in 2017 by the end of this year.

Casinos in Clark made up of around 9 percent of this GGR number, whilst those from Fiesta made up of 0.8 percent.

Source: https://agbrief.com/news/philippines/12/05/2022/philippines-1q22-ggr-up-29-6-year-on-year-as-travel-resumes/