The gaming regulator said it also paid out a total of PHP14.00-billion in a combination of taxes and contributions in the very first half. Among other payments, Pagcor is required by law to pass at least 50 % of its gross earnings to the national government. Pagcor’s total expenditures...
Continue reading...macau
Macau Gaming Law Series Component 11: Ten-year Concessions Hamper Investment In Macau Iag
Year-to-date, Wynn Resorts’ stock price fell by -27.1%, and this is worse than the S&P 500’s -21.% correction in the course of the same period. It is quick to recognize why WYNN’s shares have performed badly in this year hence far. Macau’s gross gaming income or GGR for the...
Continue reading...