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In the Philippines, the gaming sector is expected to generate more revenue this year and next, due to the attractiveness of integrated resorts for foreign and local players, as well as the growing contribution of the online gaming product. said the country's leading casino regulator. Wednesday.
According to Andrea Domingo, president of Philippine Amusement and Gaming Corp., the gross gambling revenue (GGR) of the booming gaming sector will likely reach 192 billion pesetas by the end of 2018. This represents an improvement over to the 186 billion announced by the agency for this year. .
At the new expected level, the GGR – defined as the net difference between all bets made in the local gaming industry and all winnings paid to players – would have increased by 14% over the 2017 level.
"Our performance this year is better than expected for both the integrated private hotel complexes and the casinos owned by Pagcor," said Domingo, adding that the online gaming sector was also experiencing substantial growth in betting by foreign players.
The head of Pagcor also predicted that the gross gaming revenue of the industry would further increase to reach P217 billion by 2019, representing an expected annual increase of 13%, for the same reasons as this year .
Speaking at the Kapihan Weekly Forum at Manila Bay in Malate, Manila, Domingo also assured the public that Filipino workers are not at a disadvantage in the online gaming sector in the face of the influx of Chinese nationals. in the country.
The president of Pagcor said that foreign nationals do not take jobs out of Filipino workers, as only three quarters of workers employed by online gambling operators are foreigners.
This was echoed by Jose Tria, Pagcor's vice president for online gaming, who pointed out that authorized online gambling companies employ at least one Filipino for four foreign nationals.
Domingo also said that local jobs attributed to Chinese nationalities are "distinct", which mainly requires linguistic expertise in China's complex languages. Although some Filipinos speak Mandarin, Cantonese or Hokkien, she explained that their diction and accent are different from those of mainland Chinese.
"You must know that the nuances of language and culture are also a factor, especially when you give good and bad news, so it's a different type of expertise," Domingo said. , adding that the country's online gambling call centers are labor-intensive, Filipino workers have virtually no qualifications.
She added that online gambling operators would prefer that Filipinos who meet the requirements and qualifications of the job be taken into account, as hiring local talent would allow these gaming companies to realize labor cost savings. labor.
"It's cheaper to hire locally because they will not need to worry about accommodation and food anymore," she said. "Now, as they are all foreigners, operators must provide everything and they must pay a higher salary because it is in foreign currency."
At the same time, Domingo said Pagcor and other government agencies would continue to attack illegal and unlicensed online gambling companies after cracking down on 170 such operators in recent months. / jpv
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