Market Research Reports - Ken Research Future Casino Revenue Philippines

Philippines Casino and Gambling Industry is forecasted to reach around USD 7 Billion by 2022:
Ken Research
Philippines Casino Market Segmentation by Casinos and Electronic gaming sites, by licensed &
government casinos, by category (EGMs, Non-junket, Junket) for PAGCOR Casinos, by category
(EGMs, Non-junket, Junket) for Licensed Casinos, by nationality (China/Macau/Hong Kong,
Korea, South East Asia and Local), by electronic games (Bingo Games, Other Electronic Games
and sports Betting), Consumer Profile of Philippines casino market, Company Profile of Major
players in the Philippines casino market (PAGCOR, Resorts World Manila, Bloom Solaire, City of
Dreams Manila, Instawin, AB Leisure Exponents, Mega sports world, Okada Manila, Manila
Jockey Club, Philippines Racing Club, Premium Leisure Corporation, Casino Filipino Binondo,
Casino Filipino Citystate, Casino Filipino Malabon, Master Poker Sports Club) and Electronic
gaming sites (Instawin, AB Leisure Exponent, MegaSportsWorld)
Integration of casino with the hospitality sector will further support the growth of the casinos in
industry in coming future.
Rising number of UHNWI in the casinos will increase the demand for VIP category in the
casinos.
The Philippines is seen to be the next big thing in Asian gaming given its robust growth
prospects and the surge in Chinese tourist arrivals.
Philippines Casino industry is in the nascent stage with the last 5 year CAGR of 17.2% from
2012-2017. Integration of casino in the hotel sector has supported the cross business growth
for casino and gambling and accommodation industry. Casinos in Philippines can be seen as a
source of luxurious entertainment for people with high disposable income and time. With
casinos' inability to attract a younger audience, they are looking at alternate methods to
increase their customer base and business. One such method is closer association with the
hospitality sector.
Also, the growth of the ultra high net investors in the forecasted period will be a huge growth
driver to the casino industry. Philippines nationals have been gambling for the last 400 years
and it is a tradition to gamble in the country. The UHNWI are estimated to grow at an average
of 8% in the forecasted period.
Market will be driven by growing Chinese, Korean tourists, expansion of service portfolio,
Growth in the VIP segment and entry of foreign casinos.
Analysts at Ken Research in their latest publication “Philippines Casino and Gambling Market
Outlook to 2022 – By Licensed and Government Casinos and Electronic Gaming Sites (Bingo