The Philippines’ incremental revue growth quarter after quarter comes to confirm predictions that the jurisdiction is poised to become a best-performing market in Asia going forward.
Much of the industry’s success is due to the participation of the country’s regional operators catering to a solid local market.
In today’s ASEAN 2022 Findings Series we bring you the Regional Property Updates, directly from the top:
- Trevor Hammond, Vice President and OIC of Gaming and IR at NUSTAR Resort & Casino, argues the competitive advantage of its brand new property’s location, Cebu, and the operator’s plans to develop the largest convention center in the region.
- In turn, David Lawrence, Casino GM at Thunderbird Resorts & Casinos, shares how the business navigated the unknowns of the pandemic, through the various alert levels federal and local, and the challenges in bringing the operation back to previous levels.
- Further afield, Timothy McNally, Chairman at NagaCorp, shares the rationale behind the operators’ strong financial discipline during 2020 and 2021 and the value of strategic thinking and planning in bringing the property back to its core performance levels.
The report is part of an ASEAN 2022 Series, bringing you discussions around the industry’s challenges and opportunities at the in-person event in Manila. Tune in tomorrow for more!