License moratorium set to stay, but growth continues

Philippine Gaming and Amusement Corp. Chair Andrea Domingo’s efforts to further expand the country’s booming gaming industry look set to be thwarted by the continuing hardline stance of President Rodrigo Duterte, who is refusing to budge on his casino ban. Duterte, who came to power in 2016, has repeatedly expressed his dislike of gambling, both online and land-based and put a moratorium on new casino licenses in January 2018. However, that ban is threatening foreign investment into the Philippines’ tourism sector. It also comes at a time when other Asian jurisdictions, such as Cambodia and Vietnam are . . . This content is restricted to subscribers

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.