Evan Spytma, CEO of Casino Plus, says there is significant potential for growth in the Philippines, particularly outside of the highly saturated Metro Manila area.
The executive made the comments during a session at this year’s G2E Asia conference focused on emerging gaming markets.
“I think for the Philippines, there’s plenty of room for growth,” Spytma stated at the Macau-based conference. “A lot has been structured around Metro Manila, but even down in Central, there’s still growth towards the South and we’re in the North [Clark].”
Spytma noted that South Korean tourists have been the top foreign visitors to the Philippines for the past 13 years, indicating a strong focus on the mass market. However, he believes the Manila market may not solely concentrate on this demographic.
“I should say, (I’m) not sure the Manila market is going to focus on that. And to a lesser degree in Clark. But I think (for) the main population, we still need to focus on the locals, the mass market, even when it comes to slots, you’re looking at some of our most popular slots online, they just love to play PHP0.5 ($0.0085) to PHP1 ($0.017). That’s just some cents”.
Source: Asia Gaming Brief