MANILA, Philippines ---The country's gaming regulator turned over its largest annual dividend to the national government for its 2018 operating year on Tuesday thanks to the strong performance of both private and government run casinos, the agency said. In a statement, the Philippine Amusement and Gaming Corp. (Pagcor) saidthe P16.17 billion in cash dividends it turned over to the national treasury is the "highest one-time remittance, [which] almost matched the P17.16 billion cumulative cash dividends from 2011 to 2017." Pagcor chair and CEO Andrea Domingo described the record high remittance -- which the government uses to fund its social, educational and pover...
Keep on reading: PH casino boom pushes Pagcor remittance to record high
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