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S&P says the pending payments are reasoning for the credit downgrade. “The downgrade reflects our view that Parq’s inability to meaningfully improve its profitability against a high and expensive debt burden will continue to pressure liquidity, and eventually make the company vulnerable,” the note advised. PAGCOR, the Philippines casino regulator that also operates its own gaming venues, sent 0 million in taxes to the federal government for the first quarter of 2019. bovada casino tips Philippines casinos are flushing President Rodrigo Duterte’s administration with cash. (Image: Philippines Government)The Philippine Amusement and Gaming Corporation reported income from gaming operations totaled PHP18. 27 billion (3. 5 million) for January through March. That’s a 15.

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