The gambling industry has always been popular in the Philippines. It is a favored activity among Filipinos, and The industry attracts several tourists from China, Japan and South Korea. The industry is projected to hit $6.
03 (over 350 billion pesos) in revenue by the end of 2025. The government has recently put laws and measures in place with the aim to combat illegal gambling. However, this still doesn’t seem to have had an impact on the industry’s rise.
There are a number of key factors that contribute to this surge. One of the main drivers behind the growth of the Gambling industry in the Philippines was the rise of online gaming. Online gambling is a lot more convenient and accessible to both local and international players.
It allows you to access your favorite games and experiences from your smartphone . The online gaming world provides a wide range of gambling experiences from table games like poker to new and immersive experiences. The Philippine Offshore Gaming Operators (POGO) provide services to foreign customers, particularly in China where gambling is heavily restricted.
This was one of the ways the gambling industry was able to grow quickly. POGOs once ran under a legal framework that was designed to ensure that the industry was operating under strict guidelines. Like most other countries, operators are required to obtain licenses.
In this case, the Philippine Amusement and Gaming Corporation (PAGCOR) is responsible for this. POGOs had a significant contribu.
