The Philippine Amusement and Gaming Corporation (PAGCOR) has raised concerns about the impact of rising energy costs on the country’s gaming markets. PAGCOR Chairman and CEO Alejandro H. Tengco highlighted that the increasing electricity prices could affect the profitability of gaming operators. The agency is monitoring the situation closely and is considering potential regulatory adjustments to support the industry. Additionally, PAGCOR is working on measures to ensure that gaming establishments remain competitive despite the energy pressures.
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