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Pagcor sees return to pre-COVID-19 operations by 2022


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PAGCOR chairman and CEO Andrea Domingo said in a forum the state-run gaming firm expects its operations to soar to pre-pandemic levels by the close of 2022, when herd immunity is achieved and border restrictions are lifted. PAGCOR Davao / File

 

MANILA, Philippines — Gambling activities may only recover in the latter part of next year, assuming that borders are reopened to foreign tourists by then, the Philippine Amusement and Gaming Corp. (PAGCOR) said yesterday.

 

PAGCOR chairman and CEO Andrea Domingo said in a forum the state-run gaming firm expects its operations to soar to pre-pandemic levels by the close of 2022, when herd immunity is achieved and border restrictions are lifted.

 

She projects PAGCOR’s revenues to reach between P35 billion and P38 billion this year, from more than P36 billion in 2020.

 

Full Story: https://www.philstar.com/business/2021/08/27/2122852/pagcor-sees-return-pre-covid-19-operations-2022

 

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-- © Copyright Philstar 2021-08-27

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