PHILIPPINE INDUSTRY DATA SECTOR
PAGCOR Operated Table games Slot machines
Bingo operations Electronic games
Licensed casinos Entertainment City Fiesta Clark
Other Licensees Junket
In-house bingo Poker
2019
P12.59bn P16.52bn P26.15bn P6.01bn
P167.1bn P2.02bn P12.17bn
P7.84bn P180.1m P79.8m
TOTAL (Pagcor+licensees) P250.75bn Offshore gaming (POGO) 2% fee
Q1 2020
P2.50bn P3.42bn P5.70bn P1.29bn
P33.89bn P435.4m P3.90bn
P1.68bn P31.3m P27.9m
P5.73bn TOTAL INDUSTRY GGR P256.49bn P52.91bn
further expansions have taken place and currently the passenger capacity is around 4.2 million annually.
It has domestic and international flights reaching as far as Dubai, Tokyo, Singapore and Macau.
Four new terminals are now planned and expected to be fully operational by 2025 and
P2.42bn
will increase the passenger capacity to more than 110 million annually. Te first of the new terminals is due to open anytime soon and will triple the annual passenger capacity to 12.2m
New road and rail infrastructure have also been developed including the US$15bn North South Commuter Railway which will connect Clark to Manila with a link to the airport. Te full project is 148km long with two tracks and 36 stations. It
Q2 2020
P38.5m P49.3m P28.3m P10.09m
P1.95bn P19.1m
P185.7m
P129.7m (P72,000) -
is one of the most expensive projects under the Duterte administration’s Build Build Build Infrastructure Program. Partial operations begin next year and full operations by 2025.
Te Build program is paving the way to increasing jobs and boosting tourism. It is also one of the key drivers behind re-starting the economy during the pandemic crisis and aims to address the congestion problems in the cities and increase regional and countryside development.
Te program is made up of around 20,000 infrastructure projects from building new roads, airport terminals, seaport terminals, hospitals, schools and evacuation centres.
One huge project is the plan to build the first ever subway system under Metro Manila which, when completed in five years time will carry an estimated 1.3 million people daily easing traffic congestion in the city.
At the moment Clark is made up of tourism and investor manufacturing evenly split with a push to encourage more tourism and MICE events. Tere are currently six casinos open, mostly lured by the tax incentives this area provides, plus the fact the Clark Development Corporation (CDC) holds governance over the area making investment simpler. Mimosa
NEWSWIRE / INTERACTIVE / MARKET DATA P69
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