• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Pandemic showed casinos value of locals: PH Resorts COO

Aug 25, 2022 Newsdesk Latest News, Philippines, Top of the deck  


Pandemic showed casinos value of locals: PH Resorts COO

The Covid-19 pandemic had been a “great reminder” for casino operators about ensuring “you understand your local market”, said on Thursday José Angel Sueiro (pictured), chief operating officer at PH Resorts Group Holdings Inc. He was speaking at a conference panel about market diversification on the second day of Global Gaming Expo (G2E) Asia 2022.

Only after that assessment – assuming an operator has the luxury of being able to cater to local players – can they start to look more closely at their overseas markets, added Mr Sueiro. Locals play is allowed in the Philippine market.

PH Resorts, a part of entrepreneur Dennis Uy’s empire, is currently constructing the Emerald Bay Resort and Casino in Cebu. It is likely be completed in the “first quarter of 2023,” the group had said in its first-quarter results.

In order to position a resort for marketing purposes, managements needed clarity and honesty about a venue’s disadvantages as well as advantages, rather than trying to be all things to all consumer segments, said Mr Sueiro.

When you put all these elements into place, “is when you can really define the final product, so that it should be successful”, rather than trying to “cater for all these different segments,” he added.

In terms of adjusting the casino industry’s offer to consumers – the title of the panel was “Diversification in a post-Covid era” - Mr Sueiro noted “human behaviour didn’t change” in the past few years.

While the Covid-19 pandemic was a “dramatic circumstance”, the “fundamentals” of the industry applied. “Gaming is a resilient industry by definition, because it is based on a human emotion,” Mr Sueiro stated.

There were nonetheless, new “trends” in the sector, he added.

The growth of online gambling – which is currently being offered by a number of private-sector casinos in the Philippines, notably properties at Entertainment City in Manila – meant that “the integrated resort experience can expand” into the online environment, even “when we arrive home”.

Why casinos were “bouncing” back “so fast in jurisdictions like the U.S. and the Philippines,” was “because people want to have fun, they want to go out, they want to enjoy life”, asserted Mr Sueiro.


  • tweet
Related articles
  • Monster Superlanche ups player fun, says Pragmatic Play
    Monster Superlanche ups player fun,...

    Jan 26, 2023  

  • 461 arrested in Thailand in 2022 for links to online gambling
    461 arrested in Thailand in 2022 for...

    Jan 13, 2023  

More news
  • Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook
    Donaco posts US$1.3mln 4Q EBITDA, flags...

    Jan 31, 2023  

  • Tak Chun execs knew illicit to settle proxy in Macau: trial
    Tak Chun execs knew illicit to settle...

    Jan 31, 2023  


Latest News

Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Jan 31, 2023  

Border-casino operator Donaco International Ltd reported quarterly earnings before interest, taxation, depreciation and amortisation (EBITDA) of AUD1.78 million (US$1.25 million) for the fourth...
Read More
Tak Chun execs knew illicit to settle proxy in Macau: trial

Tak Chun execs knew illicit to settle proxy in Macau: trial

Jan 31, 2023  

Chinese comeback limited impact on Singapore IRs: bank

Chinese comeback limited impact on Singapore IRs: bank

Jan 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.08 billion

Total income for 2022 reported by the Philippine Amusement and Gaming Corp



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Almost half million visitors to Macau for 7 days of CNY holsAlmost half million visitors to Macau for 7 days of CNY hols January 30, 2023
  • Macau visitor momentum kept for post CNY weekendMacau visitor momentum kept for post CNY weekend January 30, 2023
  • Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPMMacau CNY mass GGR maybe 60pct plus of CNY 2019: JPM January 31, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us