Integrated resorts urged to further diversify offers
NONGAMING OPTIONS FOR TOURISTS

Integrated resorts urged to further diversify offers

Integrated resorts urged to further diversify offers

INQUIRER FILE PHOTO

The Philippine Amusement and Gaming Corp. (Pagcor) has urged integrated resorts to offer more non-gaming attractions including restaurants and retail establishments to further drive growth in local tourism.

Ma. Vina Claudette Oca, assistant vice president for gaming licensing and development department at Pagcor, said in a statement that casinos were but a small part of the attractions offered by integrated resorts.

Article continues after this advertisement

READ: PH sees up to $6B of investments in casino sector in next 5 years

FEATURED STORIES

“In fact, they are only allowed to allocate 7.5 percent of their facility’s total floor area to gaming. The rest of the floor area is allocated for non-gaming facilities such as hotel rooms, retail areas, dining and other attractions,” Oca said.

Pagcor is pushing for the further development of integrated resorts due to their high employment numbers.

Article continues after this advertisement

High rollers

Existing integrated gaming resorts that include Solaire Resort, City of Dreams and Newport World Resorts employ 20,000 Filipinos then 80 percent of their earnings from regulated gaming go to the government to fund various projects, according to Oca. They have become a significant tourism draw, with high rollers mainly coming from Asia.

Article continues after this advertisement

READ: Pagcor’s H1 revenues surged as casino patrons returned

In total, visitor arrivals as of May totaled 2.56 million, up by 14 percent compared to 2.25 million seen in the same period last year, according to data from the Department of Tourism. INQ

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Business, hotels and resorts, Pagcor

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.