Philippine gaming regulator Pagcor says it is losing up to Php14 million (US$278,000) each day from the suspension of Resorts World Manila’s gaming license.
Speaking with the Manila Bulletin on Tuesday, Pagcor chair Andrea Domingo revealed the full impact of RWM’s current situation, adding that Pagcor was keen to resolve the situation with the possibility of reinstating the property’s license as early as this week.
“For the whole month of June, we could have lost Php384 million. If it continues, let’s say for the whole year, that remittance is about Php4.5 billion a year. It’s a big problem for us,” Domingo said.
However, Ms Domingo also revealed that Pagcor was currently inspecting new safety and security measures implemented by RWM with the possibility of lifting the suspension order within days.
“Last week, Resorts World requested for the lifting of the suspension … what we did is we made a template of all the requirements for safety, security for the training of the manpower and how to harden the Resorts World as a target,” she said. “We were informed in their letter that they have done all of the requirements and they are now ready to open.
“What we’re doing for the last two days, we’re working on ensuring that all of the safety and security requirements that we’re now requiring are in place,” she said.
Ms Domingo added that Pagcor’s new safety measures would be implemented across all the nation’s properties, including Entertainment City resorts Solaire, City of Dreams and Okada Manila.
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