The three-day ASEAN Gaming Summit is underway in the Philippine capital Manila.
The event, which concludes on 21 March, bills itself as “the intersection point between all sides” of the regional gaming industry and convenes around 3,000 attendees, 100 exhibitors and more than 200 speakers for 30 hours of workshops and scores of conference sessions.
The Asia Gaming Awards 2024 will also be presented at the gathering.
[See more: China tells its citizens to refrain from gambling in foreign countries]
During yesterday’s proceedings, the chairman of the state-owned Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro H Tengco, predicted that the Philippine gaming market would be second only to Macao’s in the coming years.
According to Asia Gaming Brief, Tengco forecast that the country’s gross gaming revenue for 2024 would exceed US$6 billion – up from 2023’s record US$5.1 billion.
The conference comes as China warns its citizens – who form a huge market for regional casinos – not to gamble when they are overseas. A Foreign Ministry official said that China “allows no overseas casinos to entice Chinese nationals into gambling.”
