Pagcor H1 income drop 85% on weak e-gaming profits

MANILA, Philippines — The Philippine Amusement and Gaming Corp. (PAGCOR) posted an 85 percent drop in first-half net income as weaker earnings from electronic gaming dragged down the state-run gaming regulator’s overall revenue. Net income fell to P1.58 billion in the six months ended June from a year earlier, while total revenues declined 26.64 percent as