Friday, May 10, 2024

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Daily Asia Gaming eBrief: Manufacturers expecting continued growth in Asia

Emerging stronger. That's what top manufacturers said about the post-pandemic period, having used the downturn to prepare for the surge that they're now experiencing, with continued strength in key segments and strong growth in emerging markets.

Gaming market in the Philippines on the rise: analysts

The Filipino gaming sector could generate gross gaming revenue amounting to some $5.2 to $5.9 billion this year, according to statistics from GCG Gaming Advisory Services.

Your Daily Asia Gaming eBrief: Clark has the long term ROI

As we continue our series of articles counting down to the ASEAN Gaming Summit, we focus on the potential of the Clark Freeport Zone and the wider Clark Economic Zone as a casino hub.

Your Daily Asia Gaming eBrief: Chinese tourists will fall back into old travel grooves

China’s outbound tourists are expected to return to their favorite tourist destinations, and at pre-pandemic levels by Q3 or Q4 of 2022, according to James Liang, co-founder of China’s largest online travel agency, Trip .com Group.

Philippines GGR could reach at least $10 billion in full year 2027 says Scott Feeney

The Philippines’ Gross Gaming Revenue (GGR) will increase to at least $10 billion in the full year 2027, according to estimates from GCG Gaming Advisory Services.

Strong growth projected as pandemic eases

The Philippines is expected to be one of the best-performing jurisdictions in Asia, with GCG Gaming Advisory Services’ Executive Director Scott Feeney projecting a $10 billion market within five years.

PAGCOR remits $34.74mln to treasury on strong 2022 results

Philippine gaming regulator and operator PAGCOR announced that it has remitted some PHP1.95 billion ($34.74 million) in cash to the National Treasury – representing the agency’s declared dividends for 2022.

Clark’s MICE ambitions a further boost for casino hub

The Philippines Department of Tourism is seeking to position the Clark Freeport Zone as a destination for MICE with its sister city designated for sports tourism, which may provide a further boost to the region’s already thriving casino industry.

Cebu marks milestone with debut of first IR, more resorts needed

Cebu is home to the Philippines’ newest integrated resort, with the NUSTAR Resort & Casino opening its doors in May, though some observers say there needs to be more critical mass for the area to reach its full potential as an international gaming destination.

Philippines’ Hann Resorts opens with goal to become millionaire’s playground

Widus Group opened its expanded and rebranded Hann Casino Resort in the Clark Freeport Zone on Wednesday, aiming to create a millionaire's playground.