Pagcor’s 9-month net income slides 85% on weak revenue

MANILA, Philippines — The Philippine Amusement and Gaming Corp. (Pagcor) reported an 85 percent drop in net income in the first nine months of the year, as weaker gaming revenues and higher remittances for government nation-building projects weighed on earnings. The state-run gaming regulator said in a statement that net income fell to P2.17 billion