Your Daily Asia Gaming eBrief: Elections highlight Philippines’ risk (Sabong News)
Author
AGBrief Editorial
Date
APRIL 14 2022
Good Morning
. The Philippines is less than a month away from its presidential elections, which will also herald a sweeping change of the guard at industry regulator, the Philippines and Amusement Corp. (PAGCOR). So far the candidates
when it comes to the country’s vibrant gambling sector, apart from when it comes to eSabong – online cockfighting. Ben Lee, managing partner of IGamiX Management & Consulting, said this handover has historically been a time of great uncertainty for the industry as new management seek to make their mark, and operators need to be ready to respond.
Asia Gaming Brief’s editorial team will be taking a short break over the Easter long weekend, returning to you with your daily ebrief on Tuesday, April 19. Happy holidays!
ON THE GROUND
Philippines change of guard may create anxious times for industry
The Philippines is tipped to be one of the best-performing markets in Asia this year, although the views of the incoming administration towards the gambling industry are unclear and operators should remain nimble to react to new challenges, says
.Lee warns this has historically been a time of uncertainty in the Philippines, with the incoming officials seeking to stamp their imprimatur on the industry.
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