Revenue from licensed casinos was US$ 998 million, up 10.6% from the prior year, but down from the US$ 1billion posted in the first quarter.
The main reason for the decline was a fall in VIP revenue and declines in revenue at casinos run by the regulator.
VIP revenue at licensed casinos was US$ 251 million in the second quarter, compared with US$ 268 million in the first period. Revenue at PAGCOR-operated casinos was down almost 4% to US$ 173 million.
Casinos in gaming and entertainment complex Entertainment City pulled in US$ 773 million, up from US$ 681 million a year earlier and up from US$ 760 million the prior quarter.
Source: GMB / AG Brief