Casinos remain upbeat on Philippine gaming industry prospects

The gaming industry in the Philippines is “doing well,” at least in the eyes of casino operators.

The local casino industry has been beset with challenges, particularly with the Chinese government’s crackdown on illegal gambling that has affected gaming revenues in the entire region. Still, casino operators in the Philippines are bullish on their prospects for the remainder of the year.

In an interview with Philippine Star, City of Dreams Manila COO Kevin Sim said they are “confident” that the newly-opened casino resort will “expand across all segments.”

“Despite being open only a few months, City of Dreams leads the Philippine market in visitation rates,” Sim said, according to the report.