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roulette casino nombre de numeroThe 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. 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. The president said last year the Philippines would be better off with a dictator. borgata casino slotsThat 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. 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. 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. encore casino las vegas resorts casino monticello restaurantsgolden nugget casino covid 19The Philippines believes its casinos are worth billions of dollars. The DOF chief said the revenue projections were reached when the president called for the sale. “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. coushatta casino jackpot winnersThat 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 Vegas is alive and well, as key data points reveal a robust economy in Southern Nevada. But now, renewed calls for PAGCOR to unload the venues to private commercial casino operators are being heard. lots a slots free coins is betrivers legitroulette casino kolnThe lawmaker wants to avoid imposing higher taxes on cigarettes and liqsilver oak casino couponuor 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. 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. His “shoot first, ask questions later” law enforcemesilver oak casino couponnt directive has led to the killings of more than 5,000 suspected drug users and dealers since he took office in June 2016. Philippines officials believe they’re sitting atop a gold mine when it comes to the country’s state-owned casinos and satellite gaming venues. His “shoot first, ask questions later” law enforcemesilver oak casino couponnt directive has led to the killings of more than 5,000 suspected drug users and dealers since he took office in June 2016. 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. chumba casino cash out casino resorts yuma az |