{"id":29869,"date":"2014-10-26T11:31:38","date_gmt":"2014-10-26T03:31:38","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=29869"},"modified":"2025-01-28T10:47:39","modified_gmt":"2025-01-28T15:47:39","slug":"pagcor-plans-to-hike-minimum-capital-for-new-casinos","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/10\/26\/pagcor-plans-to-hike-minimum-capital-for-new-casinos\/","title":{"rendered":"Pagcor plans to hike minimum capital for new casinos"},"content":{"rendered":"<figure id=\"attachment_12239\" aria-describedby=\"caption-attachment-12239\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/PAGCOR.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-12239 size-medium\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/PAGCOR-300x169.jpg\" alt=\"PAGCOR\" width=\"300\" height=\"169\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/PAGCOR-300x169.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/PAGCOR.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-12239\" class=\"wp-caption-text\">Wikipedia Photo<\/figcaption><\/figure>\n<p>MANILA &#8212;\u00a0To ensure \u00a0financial capability, the Philippine Amusement and Gaming Corp. (Pagcor) is planning to increase the minimum capital requirements for new entrants to the country&#8217;s local casino industry.<\/p>\n<p>Pagcor chairman Cristino Naguiat said he is eyeing \u00a0a minimum capital requirement of .<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy ventolin inhaler online <a href=\"http:\/\/nomaa.org\/images\/gif\/ventolin-inhaler.html\">http:\/\/nomaa.org\/images\/gif\/ventolin-inhaler.html<\/a> no prescription pharmacy <\/div>\n<p>5 billion for casinos companies planning to\u00a0operate for the the Philippines for the first time.<\/p>\n<p>This figure is 50 percent higher than the current $1 billion requirement.<\/p>\n<p>The agency is now finalizing the terms of reference and is expected to be announced before the year ends.<\/p>\n<p>Naguiat also reported that several firms have expressed their interest to set up shop in the country for local gaming prospects.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy arimidex online <a href=\"http:\/\/nomaa.org\/images\/gif\/arimidex.html\">http:\/\/nomaa.org\/images\/gif\/arimidex.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>The said casino-giants include\u00a0US-based \u00a0Caesars Entertainment Corp., which submitted a letter of intent to open a casino in the Philippines.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy ventolin online <a href=\"http:\/\/nomaa.org\/images\/gif\/ventolin.html\">http:\/\/nomaa.org\/images\/gif\/ventolin.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212;\u00a0To ensure \u00a0financial capability, the Philippine Amusement and Gaming Corp. (Pagcor) is planning to increase the minimum capital requirements &hellip;<\/p>\n","protected":false},"author":44,"featured_media":12239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[4098],"class_list":["post-29869","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","tag-pagcor","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/29869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=29869"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/29869\/revisions"}],"predecessor-version":[{"id":286461,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/29869\/revisions\/286461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/12239"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=29869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=29869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=29869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}