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It’s more fun in the Philippines Manila’s integrated resorts are estimated to have chalked up an impressive 27 percent gain in 2017, with Morgan Stanley predicting a surge of 32 percent this year as Okada Manila, the newcomer to the market, ramps up.
The Philippines are benefiting from steady growth in tourism arrivals, which are driving VIP revenue, while the expanding economy is putting more money in the pockets of locals. It’s a winning combination for Manila’s operators, both on the gaming and non-gaming side of their business. In our Philippine focus, we speak to operators on the ground to hear their views on what will be driving the market going forward. The executives will expand further on the theme at the upcoming ASEAN Gaming Summit in March, where they will feature on a keynote operator panel.
Asia Gaming Briefings | February 2018
