Andrea Domingo (pictured), the head of the Philippine casino regulator, is scheduled to speak at the inaugural edition of Global Gaming Expo (G2E) Asia @ the Philippines, which starts today.
The branded casino trade show and conference – there are already Las Vegas and Macau editions under the G2E name – takes place on Tuesday and Wednesday (December 3 and 4) at the Resorts World Manila casino resort in the Philippine capital.
Ms Domingo, the chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), is scheduled to give Tuesday’s opening address for the event.
Senior casino executives from the Asia-Pacific region are also expected to attend the event. A number of casino technology suppliers is slated to exhibit at G2E Philippines.
The Philippines is a growing market for gaming equipment such as slot machines and other electronic gaming machines as the country’s casino sector has expanded in recent years in terms of number of venues and amount of gross gaming revenue.
There is currently – according to a statement earlier this year by the office of the nation’s leader President Rodrigo Duterte – a pause on the issuing of any new casino licences, although some projects said to pre-date the moratorium are still in either the planning or construction phase. In July the president’s office hinted that the pause on fresh licences might have been lifted.
Other firms slated to have stands at G2E Philippines include several providers of online gaming services. The Philippines has a significant sector for what Pagcor’s licensing system refers to as Philippine Offshore Gaming Operators, or “POGOs” – serving customers outside the country, although it has recently engaged in enforcement action against some, over alleged underpaid or unpaid taxes.
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"The casinos have to operate 24 hours a day, 365 days a year. The decision [to suspend casino operations] is up to the government. As of now, we don’t have any plan to change the existing regulations"
Lei Wai Nong
Macau Secretary for Economy and Finance