The ASEAN casino industry is on the rise in recent years. You can see new casinos opening every year. At present, there are two casino resorts planned in the Philippines and three in Vietnam. In addition, existing casinos continue to enjoy an upward trend in their earnings.
For years, Macau is the gambling hub in Asia. However, the ASEAN casino industry is trying to take the title away from Chinese territory. ASEAN countries are attracting investors willing to put up more gambling venues.
One of the countries competing against Macau is Singapore. While locals face heavy restrictions in order to gamble at the casino, tourists continue to enjoy the games at the Marina Bay Sands. Due to the high demand, the casino had to hire 1,000 workers by the end of 2018.
ASEAN Casino Industry Fast Growth
The Philippines continues to attract players from all over the world. Although an attack in 2017 made Asia gambling headlines, Philippine casinos enjoyed a 7.6 percent increase in their earning for the year. In 2018, PH casino earned $3.6 billion, which is an increase of 22.9 percent from the previous year.
The main gambling district of the Philippines is the Entertainment City. In fact, there you can find various casino resorts including Solaire Resort and Casino, Resorts World, and City of Dreams.
Vietnam recently allowed locals to enter casinos. In addition, there are various projects planned in Van Don and Phu Quoc. One of the largest casino projects in the country is the Grand Ho Tram Strip. The project has a golf course and five integrated casino resorts.
The ASEAN casino industry is booming thanks to Chinese tourists in the region. In fact, that’s why Vietnam is turning the Van Don and Phu Quoc into gambling hubs is their closeness to China.
Aside from brick-and-mortar casinos, online gambling is growing in the ASEAN region. Also, PPH bookie providers are marketing their services in the region. If you want to start a sportsbook in Asia, make sure you use the best pay per head bookie.