Credit Suisse bullish about The Philippines gaming market

In its new research note entitled “Let the Games Begin”, Credit Suisse declared that it was positive about the prospects of the Philippine gaming market, predicting a compounded annual growth rate of 28 percent between 2012 and 2018.  The report pointed to the fact that the Philippines has a population three times larger than that of Singapore, Macau and Malaysia combined and that it has the fastest growing working population in emerging Asia.  The report also noted that the lack of hotels and new casinos elsewhere in the region opening before 2015 could help boost VIP visitation to the Philippines.