MANILA (Reuters): The Philippine gambling industry's revenue is projected to reach a record of more than 350 billion pesos ($6.03 billion) this year, driven by growth in the electronic gaming sector, the head of the country's gaming regulator said on Tuesday.
The forecast surpasses the 334 billion pesos target set by the Philippine Amusement and Gaming Corp (Pagcor) and represents a significant increase from the previous year's gross gaming revenue (GGR) of 285 billion pesos.
