With the opening of new casinos, the Philippines casino industry will achieve GGR of 10 billion dollars by 2027, doubling its revenues in just 5 years, according to analysts from GCG Gaming Advisory Services, an Asia-Pacific consultancy firm.
The prediction:
The company expects GGR to return to its 2019 level of 5 billion dollars starting next year, increasing from a projected 3.9 billion dollars to 4 billion dollars in 2022.
This projection is based on the company’s 3Q22 market report for the Philippines.
The casino industry will boom with the full opening of NUSTAR, Emerald Bay in Ceby, Solaire casino in Cavite, Solaire North in Quezon City and the official launch of Westside City by 2025.
Also, there will be expansion projects at t…