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Last week, Manila casinos got the all-clear to reopen, albeit at 30 percent capacity. The directive came down August 24 from the Philippine Amusement and Gaming Corp. (PAGCOR), the country’s state-run gaming regulator. Some casinos located in areas where the virus still is under “enhanced community quarantine” will not be able to reopen immediately. Manila itself is still under general community quarantine, which permits people to visit businesses.
Okada Manila confirmed it has reopened on September 9. Okada, along with Solaire Resort & Casino, Resorts World Manila and City of Dreams Manila have been running small trials for invited guests since July.
PAGCOR said that the 30 percent rule is an expansion of a recent “trial run” opportunity granted to integrated resorts in the Entertainment City casino district.
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“Integrated resorts and casinos which obtained permits from their respective local governments are allowed to open on trial run under the strictest health and safety protocols,” the regulator explained.
“Those located in areas under lockdown or enhanced community quarantine may not open. Operations are limited to a maximum of 30 percent capacity.”
PAGCOR added that the operations of individual casinos across the city may vary from day to day depending on local health conditions.
Manila casinos have been officially closed since March 15, but operators had been granted permission to conduct limited “dry run” gaming operations.
In addition to the casinos, the hotels and restaurants are also permitted to reopen with the 30 percent restriction in place. The casinos are required to institute strict social distancing guidelines as well as public health measures.
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Second-quarter results for Manila’s IR operators included losses of US$96.2 million for Solaire, US$75.9 million for Resorts World Manila, US$49.9 million for Okada Manila and US$49.4 million for City of Dreams Manila.
Lawrence Ho, chairman and chief executive of City of Dreams operator Melco International, said, “Despite the pandemic-derived travel bans, restrictions and quarantine requirements have adversely affected the performance of gaming revenues, we are excited to see some early signs of returning to normal operations in our integrated resorts.”
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© AFP/File PAGCOR eyes gradual reopening of casinosMANILA, Philippines — The Philippine Amusement and Gaming Corp. (Pagcor) is eyeing the resumption of casino operations this month to save the jobs of thousands of workers employed by the gaming industry and generate much-needed revenues for the government’s coronavirus disease 2019 (COVID-19) response.
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The gaming regulator wants to reopen casinos gradually either this month or in July, Pagcor chairman and chief executive officer Andrea Domingo said on Monday.
Pagcor suspended the operations of casinos last March when the government imposed community quarantine measures to contain the spread of COVID-19.
Domingo said operators should follow health and safety protocols if casinos would be allowed to reopen.
“We cannot resume operations with 100 percent of our workforce. We have to observe social distancing. We need to conduct rapid testing for our employees,” she said.
Domingo said the resumption of casino operations would save 132,000 workers from being jobless and allow the government to generate revenues to fund measures against COVID-19.
“We have to maximize revenue collection because we need the money not only for COVID-19 response but also to jumpstart the economy after the health crisis is over,” she said.
Last month, casino operator Okada Manila announced that it would lay off more than 1,000 employees, citing revenue losses due to lockdown measures.
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In the first quarter of the year, Pagcor’s net income dropped to P777.44 million from P1.55 billion in the same period last year.
Pagcor’s revenues from gaming operations also went down by 5.72 percent to P17.22 billion from P18.27 billion.
Earlier, Domingo said the suspension of casino operations due to quarantine restrictions would cost the gaming regulator an estimated P6 billion in lost revenues every month.
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“We have been doing very well, but COVID-19 came and somehow we have to take three steps back. But we are going to bounce back this month or at the very latest in July,” she said.