Gaming firms to reap fruits of warm PHL-China ties

Two weeks after Philippine President Rodrigo Duterte’s State Visit to China, listed gaming companies are bullish to the prospect that more mainland Chinese tourists will come to the island nation to play.

Philippine Star reported that gaming firms are now punting on the windfall of President Duterte’s trip to China. During his state visit to the mainland, Duterte has brought with him a 400-strong business delegation with hopes to secure new investments and chalk up some new business ventures.

Belle Corp. Vice Chairman and Executive Director Willy Ocier expressed optimism that more Chinese tourists will visit the country after the frosty relationship of Manila and Beijing has been thawed.

Aside from the gaming industry, Ocier predicts that tourism and dining will benefit from more Chinese visitors.