SWOT Philippines casino market, Future Casino Revenue Philippines - Ken Research
by Ashish Kumar Market ResearcherPhilippines
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 Games,
Electronic Games and Sports Betting)” believe that
increasing cyber and Physical security activities, focus on marketing &
promotional activities and tie ups with hotels and resorts with the casinos
will have positive impact on market.
Philippines
Casino & Gambling Industry is expected to register positive CAGR of around
15.4% during the period 2017-2022. Well defined government regulations,
expansion in current casino services, growing Korean tourists along with
developing infrastructure are expected to have positive impact on the demand
for gambling games.
Key Topics Covered in the Report:
Philippines
casino industry
Philippines
gambling industry
Electronic
gaming tables Philippines
Online
gambling market Philippines
Philippines
Mobile gambling market
VIP
category in casino Filipino
Mass
category in casino Philippines
Slot
category in casino Philippines
Junket
services in Philippines
Non-Junket
services in Philippines
Regulations
in casino industry in Philippines
International
and domestic customers Casino Manila
Market
share of companies in casino industry Philippines
Major
players in casino industry in Philippines
Online
players in casino Philippines
Sports
betting market Philippines
Baccarat
market Philippines
Philippines
Bingo market
Philippines
Roulette market
Government
casinos in Philippines
Licensed
casinos in Philippines
Pai
Gow Decision Making Parameters
SWOT
Philippines casino market
Growth
Casino Sector Philippines
Future
Casino Revenue Philippines
Sports
Betting Market Philippines
Philippines
Electronic Gaming Market
Number
of EGMs in Philippines
Number
of gaming tables in Philippines
Online
gambling sites in the Philippines
For more information, refer to below
link:
Related Reports by Ken Research
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Created on Jan 30th 2018 01:08. Viewed 521 times.