In our latest gambling news we are heading over to South East Asia, a fast-developing region in terms of gambling. Combine it with the popularity of integrated resorts in the region, and you have a great tourism experience that provides gaming, leisure and entertainment together. And in the Philippines, the numbers are telling us that integrated resorts and casinos are a huge factor in boosting local tourism in the country.
According to the country’s regulatory body for gambling, the Philippine Amusement and Gaming Corporation (PAGCOR), even with just a 7.5% allocation for gambling in integrated resorts or IRs, gaming is becoming widely popular throughout the country. For retail gambling, mixed entertainment is a great marketing strategy to generate activity and revenue. But for online sports betting, you also have a lot of marketing strategies for pay per head sportsbook operations.
PAGCOR Shares Demand for Integrated Resorts and Casinos
According to PAGCOR Assistant VP for Gaming Licensing and Development Ma. Vina Claudette Oca, these facilities generate generous revenue. Oca was able to share the data and their insights as she sat in a panel during the Philippine Tourism and Hotel Investment Summit recently.
IRs are able to generate revenue not just from gaming, but from other services such as hospitality, retail, dining, and other facilities. Not only that but gambling also gives employment to over 20,000 Filipinos. The number could easily increase if more IRs were to be built throughout the country.
Given how popular gambling and sports betting is, it is no surprise that the demand for the use of a pay per head sportsbook software also increases. Remember that even though the primary product of a bookie software is the sportsbook, bookies can also offer casino gaming and even horse racing to players.
Challenges of Gambling in the Philippines
Currently, the country’s legislators are acting on the issue of Philippine Online Gambling Operators, or POGOs, and are trying to remove their operations throughout the country. PAGCOR is evolving to eventually accredit other gambling operators for multiple projects- IRs included, to boost both the gambling sector, and other industries relevant to these facilities.
Because of the rapid popularity of these illegal online casinos, there is clamor from certain legislators to ban online gambling. So far, retail casino gaming is very popular throughout the country, and helps drive the local tourist industry.
But even in the Philippines, or wherever you are in the world, you can easily get into the gambling industry. Using the best bookie pay per head providers will be a great help in getting you to open your very own online gambling business.
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