Philippines eyes $1.5bn from sale of state-owned casinos

Gross gaming revenue may return to pre-pandemic level by 2024

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The Philippine gambling regulator is exploring a sale of state-owned casinos.  © Reuters

CLIFF VENZON, Nikkei staff writer

MANILA -- The Philippines is looking to fetch around 80 billion pesos ($1.47 billion) from the sale of dozens of small, state-owned casinos, the head of the country's gaming authority said on Tuesday.

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