Despites that the Philippine casino market, has been growing significantly in gross gaming revenue terms. Last week the local operator of the state-owned casinos, alleged that the government does not give to the industry the necessary guarantees.
The tourism in the country is one of the major’s contributors of the GDP, however the gambling industry could take better advantage of this if the government invest in better infrastructures.
“The Philippine gaming industry is still mostly driven by the ‘grind’ market but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business, “stated the experts.
Tourism represents 8,7% of the GDP. And with these investments the gambling industry can grow by 10 percent to 15 percent continually until 2020.
