Online Gaming Industry in Philippines: Why It Has Become a Global Casino Powerhouse

The Philippines is one of the nations leading the conversation in the online gaming industry. For people who have been following, some factors have been helping the country build and expand this sector. Many people will mention the legal system, business support, and the continuous development of the country’s tourism sector.

Many observers think iGaming has also helped the country develop its economy as a whole. There is the belief that the industry will continue to grow too. Many may ask, why is the sector growing big in the Philippines? We will try to answer all of these questions in the next paragraphs.

Rise of the Online Gaming Industry in the Philippines

The rise of iGaming in the Philippines started around the 2000s. Yes, people have been playing games in this territory  before, but the arrival of the internet and the movement of gaming houses to the web shone more light on them in many places including the Philippines.

All of a sudden, many people can now play poker, slots, and other titles on the internet. To make things even better, the Philippine Amusement and Gaming Corporation (PAGCOR) was set up and the agency did all it could to promote the games more by ensuring they are fair and Filipinos can’t lose money to scammers. However, this creation also sparked the light in the eyes of many international companies, making them trust gaming platforms more.

A former leader of the PAGCOR, Andrea Domingo, said, “The Philippines has become a regional hub for online gaming, offering strong laws and talented workers.” 

This statement, alongside other factors, could also be a major reason why the gaming industry in the country could earn $6 billion by 2027.

Major Factors That Led to the Growth of the Philippines Online Casino Industry

Here are 5 major factors pushing the growth of iGaming in the Philippines.

1. Effective Laws and Regulations

The government made good rules to help the sector grow. There are agencies like PAGCOR and the Cagayan Economic Zone Authority (CEZA) that give licenses to trusted operators. This ensures that gaming is safe for players, sponsors, and businesses to partake in contributing to the rise of esports even more.

2. Committed Workers and Teamwork

The Philippines is known for their skilled workers who speak English, which is great for international companies. Also, setting up online gaming operations in Southeast Asian countries is cheaper than in many other countries. This perks makes it easier for any online game or the esports industry as a whole ecosystem to reach the peak while bringing rewards.

3. Heavy Online Presence

With over 43 million people using the internet in Asia, gaming platforms in the Philippines have strength in accessibility. The operators take advantage of this popularity to offer games like slots, poker, roulette and more to players online.

Many casino sites, that ecasinos will tell you about, also give players exciting bonuses, like a slot 50 minimum deposit, matched bonus, cashback deals, & more, which is perfect for players on a budget. Also, unlike in the past, people now own smartphones, giving them more access to stream and participate in mobile gaming fully.

4. Upgrade in Player Gaming Experience

“The Philippines has set the standard for online gaming with its smart use of technology,” says gaming expert Jason Ader.

Based on this, over 60 licensed operators are onboard in the Philippines to serve millions of players worldwide. So, there’s a focus on making games with great titles that are fun and easy to play. In this regard, they offer:

• Live dealer games for fun that look absolutely real
• Mobile-friendly sites that encourage gaming anytime
• Bonuses and promotions act as advertisers to attract new gamers

Some examples of games with upgrades completed on them are League of Legends, PUBG, Dota 2, and Tekken.

5. Tourism Perks

The Philippines is now one of the first destinations that many people consider when thinking of traveling to Asia. This has happened because the nation spent a lot of effort and money to push its tourism sector. Today, they are reaping the benefits in all aspects, including in iGaming.

With more people coming to the nation, the gaming sites are getting more attention and customers. More customers mean more money being spent, and this also means more revenue and profits for the industry and even the government. Everyone wins.

The Bottom Line

Many factors have come together to help push the iGaming sector in the Philippines to the top. From the government, development in technology, rise in tourism, and the incentives available to players, all of these factors have pushed the sector to the top of the arena. The good news is, the growth has just started, more is to come!