The future of the industry

The Philippines will develop according to the model of integrated resorts with a focus on the premium mass segment, MICE and regional expansion (Manila, Clark, Cebu).

The online direction will focus on internal PIGO/Remote Gaming licenses: the share of online is expected to grow with strict eKYC/AML, geo-restrictions and limited advertising.

In parallel, the curtailment of offshore schemes and the fight against the "gray" ecosystem will continue.

Technology priorities are cashless/e-wallets, RG behavioral analytics, biometric access, and standardized reporting.

The regulator will calibrate tax and licensing policies for investments in IR, local live game studios and sports vertical (including e-sports).

Key risks - volatility of tourist flow, compliance costs, natural disasters and exchange rate; the answer is diversifying non-gambling revenue, strengthening player protection and transparency of oversight.