{"id":30054,"date":"2016-09-23T08:17:29","date_gmt":"2016-09-23T08:17:29","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=30054"},"modified":"2016-09-23T08:17:29","modified_gmt":"2016-09-23T08:17:29","slug":"ggr-sustains-for-manila-casino-market","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/ggr-sustains-for-manila-casino-market\/","title":{"rendered":"GGR sustains for Manila Casino market"},"content":{"rendered":"<div id=\"attachment_29007\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2016\/04\/City-of-Dreams-Manila.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-29007\" class=\"size-medium wp-image-29007\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2016\/04\/City-of-Dreams-Manila-300x138.jpg\" alt=\"City of Dreams Manila\" width=\"300\" height=\"138\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2016\/04\/City-of-Dreams-Manila-300x138.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2016\/04\/City-of-Dreams-Manila.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-29007\" class=\"wp-caption-text\">City of Dreams Manila<\/p><\/div>\n<p>Casino gross gaming revenue (GGR) performance in casino resorts at Entertainment City, continues to improve and is capable of sustaining until year end, say analysts Maybank.<\/p>\n<p>Entertainment City casinos in including Resorts World, Solaire and City of Dreams Manila grew at 38 percent year-on-year in 16Q2, ahead of a 2 percent forecast for the 2016 fiscal year end.<\/p>\n<p>\u201cWe think their strength emanated from the availability of phone betting to foreign players, unlike in Macau,\u201d said analyst Rommel Rodrigo. He added: \u201cPhilippine gaming GGR has bucked the trend of its peers in Macau and Singapore for the past five quarters,\u201d referring to industry data from the Philippine Amusement and Gaming Corp (Pagcor), the local regulator.<\/p>\n<p>Earlier this year, Macau\u2019s gaming regulator, the Gaming Inspection and Coordination Bureau, issued an instruction to the Macau gaming sector saying that use of a telephone at a gaming table would no longer be permitted.<\/p>\n<p>&nbsp;<\/p>\n<p>By contrast, in Asian casinos, such a gaming product has been typically offered to VIP gamblers that wish to wager on table games when unable to be physically present in a casino. Under such an arrangement, a junket agent, working on behalf of a high-stakes player, will typically provide a representative. Sitting at the casino table on behalf of the absent player, they would take instructions by telephone from the player or the player\u2019s representative, regarding when and how to place a bet.<\/p>\n<p>&nbsp;<\/p>\n<p>Gaming law specialists have told GGRAsia that such an arrangement runs the risk of breaching an important anti-money laundering protocol for casino operators; namely \u2018know your customer\u2019.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino gross gaming revenue (GGR) performance in casino resorts at Entertainment City, continues to improve and is capable of sustaining until year end, say analysts Maybank. Entertainment City casinos in including Resorts World, Solaire and City of Dreams Manila grew at 38 percent year-on-year in 16Q2, ahead of a 2 percent forecast for the 2016 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,7],"tags":[],"class_list":["post-30054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-macau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GGR sustains for Manila Casino market - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/ggr-sustains-for-manila-casino-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GGR sustains for Manila Casino market - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Casino gross gaming revenue (GGR) performance in casino resorts at Entertainment City, continues to improve and is capable of sustaining until year end, say analysts Maybank. Entertainment City casinos in including Resorts World, Solaire and City of Dreams Manila grew at 38 percent year-on-year in 16Q2, ahead of a 2 percent forecast for the 2016 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/ggr-sustains-for-manila-casino-market\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-23T08:17:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2016\/02\/Manila.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/38b848f26341d94a3f6b1f5d9642234c\"},\"headline\":\"GGR sustains for Manila Casino market\",\"datePublished\":\"2016-09-23T08:17:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/\"},\"wordCount\":279,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/Manila.jpg\",\"articleSection\":[\"Gaming\",\"Headlines\",\"Latest\",\"Macau\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/ggr-sustains-for-manila-casino-market\\\/\",\"name\":\"GGR sustains for Manila Casino market - 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