2024.07.18
twin river casino in rhode islandAnd 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 Casinoboomtown casino marrero Filipinos and satellites. 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. And in February, Duterte revealed he was considering renaming the country the Republic of Maharlika. bellagio casino robberyBut now, renewed calls for PAGCOR to unload the venues to private commercial casino operators are being heard. Along with selling “small-town lottery” (STL) operations, Dominguez said it would be reasonable to assume the Philippines could rake in PHP300 billion (.76 billion) a year from the sell-off.We could achieve that with no effort,” Dominguez said. Las Vegas is alive and well, as key data points reveal a robust economy in Southern Nevada. santa ana casino bar open casino jobsfirekeepers casino jackpot winnersThe table games reported healthy volume and hold percentages, respectively leading to year-over-year gains of 29 percent, 67 percent, and 43 percent. But now, renewed calls for PAGCOR to unload the venues to private commercial casino operators are being heard. The table games reported healthy volume and hold percentages, respectively leading to year-over-year gains of 29 percent, 67 percent, and 43 percent. wild river casino yuma azBut now, renewed calls for PAGCOR to unload the venues to private commercial casino operators are being heard. Las Vegas has been busy of late, and casinos hope to keep it that way. “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. doubledown casino view forum luckyland casino slotsencore casino las vegas restaurantsThe Philippines believes its casinos are worth billions of dollars. 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. Maharlika 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. The table games reported healthy volume and hold percentages, respectively leading to year-over-year gains of 29 percent, 67 percent, and 43 percent. The Philippines believes its casinos are worth billions of dollars. The lawmaker wants to avoid imposing higher taxes on cigarettes and liquor 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. peppermill casino ownership to pechanga casino |