Philippines on Verge of a Casino Boom

The Philippines is on the cusp of a casino boom with more foreign firms placing their bets on the Southeast Asian nation that has attracted increasing numbers of the wealthy overseas high rollers and big spenders  amid China’s crackdown on corruption and slowing economy.

US-based Sino-American Gaming Investment Group and Macau Resources Group Ltd recently announced they were in talks with Philippine state gaming regulators on the possibility of building two new resort-destination casinos outside Metro Manila with an estimated investment of as much as $1 billion.

Read More

Source: The Philippine Star

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.