Pagcor estimates $1.08 bln gross revenue in 2013

Cristino L. Naguiat Jr., chairman and chief executive of Philippine Amusement and Gaming Corp. (Pagcor) expects to reach USD $1.08 billion in gross revenue in 2013, a slight increase from the USD $1 billion the state run operator/ regulator registered the previous year. Pagcor hopes to rake in $94 million from commercial bingo, $49.7 million from e-games and Internet gaming, $175.7 million from licensed casinos, $1.96 million from poker operations plus some $38 million from other incomes.