MANILA -- The Philippines expects gross gaming revenue to grow 9.4% to 186 billion pesos ($3.57 billion) this year, with online casinos playing a key role in the expansion, the chief of the country's industry regulator said on Tuesday.
Andrea Domingo, chair and CEO of Philippine Amusement and Gaming Corporation, or PAGCOR, announced this year's outlook on the sidelines of a regional gaming summit in Manila, as authorities probed a fire that hit Manila Pavilion and Casino and killed five employees of the regulator on Sunday. PAGCOR runs its own small casinos apart from regulating the gaming sector.
