Pagcor cuts Entertainment City license fees by 10 percent

    The Philippine Amusement and Gaming Corporation has agreed to cut license fees for companies operating in Entertainment City in Manila by 10 percent to offset a recent tax increase in the country. The reductions apply to Travellers International Hotel Group, Inc., Bloomberry Resorts and Hotels, Inc., MCE Leisure (Philippines) Corporation, and Tiger Resorts Leisure and Entertainment, Inc. Mr. Clarence Chung, Chairman and President of Melco Crown Philippines said: “We welcome this initiative and express our sincerest gratitude to the Government of the Republic of the Philippines and PAGCOR for their continuous support in helping us realize our gaming, leisure and entertainment complex in Manila.”