In the Philippines, the Philippine Amusement and Gaming Corporation (PAGCOR) estimates that the gambling industry will generate $5.9 billion as revenue for the year 2024.
The Philippine Amusement and Gaming Corporation (PAGCOR) is anticipating gross gaming revenues (GGR) in 2024 to reach PHP336. 38 billion ($5.9 billion). This target represents a significant increase of 17.9 percent, equivalent to PHP51.1
From this fact alone, you can see that the gambling industry has a significant effect in providing revenue for the government. In return, these funds would be use in order to create infrastructures, job opportunities, and other relevant services that will inure to the benefit of the people in the country.
While gambling establishments are heavily regulated, one cannot deny the fact that it is responsible for bringing the highest revenue in the country; that is the reason on why the Philippines is somehow lenient when it comes to gambling laws and its execution/implementation.
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https://agbrief.com/news/philippines/24/03/2024/pagcor-expecting-2024-ggr-to-grow-18-y-on-y/