Growth from gaming companies will exceed expectations in the Philippines this year, a consulting firm said, despite the hostile political conditions.
“Investors have improved their sentiments from being cautious to actually doing deals," said Leechui Property Consultants CEO David Leechui. "Demand for property space from the gaming sector is expected to grow 15 per cent annually until 2020,” he added.
Leechiu said news headlines from the Philippines could be "very concerning" for western countries, citing alleged extra judicial killings and martial law in the south. The government has repeatedly denied state-sanctioned killings under its war on drugs and said martial rule in the south was necessary to defeat Islamic State-inspired extremists.
