2024.07.17
foxwoods resort casino showsThe Philippines believes its casinos are worth billions of dollars. Philippines officials believe they’re sitting atop a gold mine when it comes to the country’s state-owned casinos and satellite gaming venues. The lawmaker wants to avoid imposing higher taxes on cigarettes and liqonline casino michiganuor sales in favor of another sin industry: gaming.DOF Secretary Carlos Dominguez, responding to Drilon’s inquiry, said privatizing the state-run casinos could generate PHP220 billion (.22 billion) in annual revenue for the government. cache creek casino facebookBut now, renewed calls for PAGCOR to unload the venues to private commercial casino operators are being heard. The DOF hasn’t laid out the particulars as to how selling the casinos would deliver such large financial returns to the government annually.PAGCOR boss Andrea Domingo confusingly said in 2017, “Privatization is like selling your assets. “The Strip has only recorded one decrease in slot volume and win this calendar year.”August marked the Las Vegas Strip’s third consecutive GGR monthly win. morongo casino buffet price casino extreme chippymgm casino tennebeeThe DOF chief said the revenue projections were reached when the president called for the sale. And federal officials say there’s plenty of money to be made should that occur.Lofty ProjectionsPhilippines Senate Minority Leader Franklin Drilon is requesting the Department of Finance (DOF) and PAGCOR to take another look at selling the Casino Filipinos and satellites. That helped offset losses elsewhere in the state, as Nevada casinos collectively saw win climb only 4.3 percent to 2.4 million.Strip casinos credited strong blackjack, craps, and roulette play for the gain. las atlantis casino bonus codes 2021Maharlika is an antiquated term once popular in Southeast Asia that means ‘free.’Duterte is no friend to Drilon’s Liberal Party, which has acted as the lead opposition to federalism, a hallmark of the president’s agenda. (Image: Mark Rebilas/USA TODAY Sports)The Philippines is home to four integrated casino resorts in Manila, as well as 11 state-owned and operated Casino Filipino venues.The Philippine Amusement and Gaming Corporation (PAGCOR) serves as a gaming regulator and operator. Agolden nugget casino new jersey boomtown casino new orleanspechanga casino new years eve 2020Las Vegas is alive and well, as key data points reveal a robust economy in Southern Nevada. “The Strip has only recorded one decrease in slot volume and win this calendar year.”August marked the Las Vegas Strip’s third consecutive GGR monthly win. But since then, “We haven’t progressed.”Drilon opined, “I feel that we’re failing to tap a sweet source of revenue for the government, and not only that, this is something that can put order and correct a lot of things that had gone wrong because of the setup.”Duterte had stated in 2017 that PAGCOR being both an operator and regulator made the agency prone to corruption. That was later called off, the controversial leader concluding they were too profitable to divest.PAGCOR said its state-owned, land-based gaming operations won .3 billion in 2018. (Image: Wet Republic)The August gross gaming revenue (GGR) numbers were released Friday, and showed that Las Vegas Strip casinos won more than 0.6 million last month – an 8.95 percent increase. (Image: Wet Republic)The August gross gaming revenue (GGR) numbers were released Friday, and showed that Las Vegas Strip casinos won more than 0.6 million last month – an 8.95 percent increase. golden nugget casino michigan online ruby_gc_heap_init_slots |