The Philippines’ regional casinos may not get the same headline publicity as the bigger resorts in Manila, but the number of properties has been growing and their client base evolving as amenities and infrastructure improves.
In the Clark Freeport Zone, the D’Heights Casino recently opened, becoming the sixth property in the area after Fortunegate, Widus Hotel & Casino, Royce Casino, Midori Casino and Mimosa Pagcor.
In Cebu, developments are taking place at a slightly slower rate with two new casinos – the Emerald Bay from Udenna Corp and the Universal Hotels and Resorts – apparently under way after having been granted licences in January 2018, just before the institution of a government moratorium on new casinos.
Jose Angel Sueiro from PH Resorts – a part of the Udenna Group – says there is great potential in regional casinos in the Philippines due to the positive demographics and a lack of other quality...
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.