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Record-Breaking Summit Showcases Industry Momentum<\/h2>\n
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The 2025 edition of the ASEAN Gaming Summit emerged as a landmark gathering for the region’s gaming sector, providing an unprecedented platform for networking, knowledge exchange, and business development. The three-day conference established itself as the intersection point between all sides of the industry – creating valuable opportunities for both land-based and online gaming stakeholders to connect and collaborate.<\/span><\/p>\n <\/p>\n The exhibition floor buzzed with activity as attendees explored innovations across diverse product categories, including cryptocurrency applications, data center infrastructure, casino games, sports betting platforms, payment gateway solutions, and emerging technologies that are setting new standards for the industry<\/a>.<\/span> This comprehensive showcase reflected the sector’s expanding scope and technological sophistication.<\/p>\n <\/p>\n The quality of conversations and potential partnerships being formed here demonstrates just how rapidly this industry is evolving in Southeast Asia.<\/p><\/blockquote>\n “This summit has truly captured the dynamism of our region’s gaming ecosystem,” remarked one attendee from a major operator, adding that this high quality event shows just how quickly the gaming industry is evolving in Southeast Asia.<\/p>\n <\/p>\n <\/p>\n A highlight of the summit was the State of the Industry Address delivered by Alejandro H. Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR). His presentation illuminated the remarkable growth trajectory of the Philippine gaming industry, particularly in the digital sphere.<\/span><\/p>\n <\/p>\n Tengco revealed that despite the challenges posed by the offshore gaming ban implemented in 2024, the Philippine gaming industry achieved an “exceptional performance,” with industry-wide Gross Gaming Revenue (GGR) reaching PHP410.5 billion (approximately $7.1 billion) – marking an impressive 25% increase from 2023 figures.<\/span> This performance has positioned the Philippines as the second-largest gaming market in Asia, trailing only Macau but surpassing Singapore in revenue generation.<\/span><\/p>\n <\/p>\n Looking ahead to 2025, Tengco projected continued robust growth with GGR expected to reach between PHP450 billion and PHP480 billion, representing a potential increase of up to 17% year-over-year.<\/span> This optimistic forecast is largely driven by the surging e-gaming sector, which saw an extraordinary 309.20% revenue increase to PHP135.7 billion in 2024.<\/span><\/p>\n <\/p>\n <\/p>\n The summit extensively explored the remarkable transformation occurring within the Philippine gaming landscape, with e-gaming emerging as the industry’s most dynamic growth driver. Tengco’s address highlighted how digital platforms are rapidly gaining market share, with projections suggesting that e-gaming could match revenues from traditional brick-and-mortar casinos within the next two to three years.<\/span><\/p>\n <\/p>\n January 2025 data supports this accelerated growth narrative, with preliminary figures showing monthly GGR of PHP40 billion, compared to PHP28.5 billion from the same period in 2024.<\/span> This impressive start to the year reinforces the industry’s upward trajectory and suggests that Tengco’s ambitious 2025 projections may indeed be achievable.<\/p>\n <\/p>\n To further stimulate this digital expansion, PAGCOR implemented a strategic reduction in e-game remittance rates from 35% to 30% effective January 1, 2025.<\/span> This policy adjustment aims to accomplish multiple objectives: encouraging unregistered operators to join the regulated market, preventing voluntary closures among existing licensees, maintaining operator profitability, and ultimately expanding the formal e-gaming ecosystem.<\/span><\/p>\n <\/p>\n “We will continue to accept unregistered e-games operators to register, so that is where growth will come from,” Tengco explained during a media briefing at the summit. “The integrated resorts are gaining momentum again, especially the one in Quezon City.”<\/p>\n <\/p>\n <\/p>\n A significant theme throughout the summit discussions was the industry’s adaptation to President Ferdinand R. Marcos Jr.’s directive to shut down<\/a> all Philippine Offshore Gaming Operators (POGOs) by the end of 2024.<\/span> Tengco framed this regulatory shift as both a challenge and an opportunity for the Philippine gaming ecosystem.<\/p>\n <\/p>\n The PAGCOR Chairman explained that the ban represented a crucial step in the Philippines’ successful efforts to be removed from the Financial Action Task Force (FATF) “grey list” of jurisdictions under enhanced monitoring. The country achieved this important milestone on February 21, 2025, after successfully addressing all 18 action plan items outlined by the FATF in June 2021.<\/span><\/p>\n <\/p>\n The market is adapting to this transition through a significant restructuring of revenue streams. In 2024, integrated resorts<\/a> accounted for 49% of total GGR, followed by e-games at 38%, POGOs at 9.21%, and PAGCOR-owned casinos at 3.9%.<\/span> For 2025, the landscape is projected to shift dramatically with integrated resorts expected to account for 50% of GGR, e-games surging to 45%, and PAGCOR casinos maintaining 5%, while POGOs are eliminated entirely.<\/span><\/p>\n <\/p>\n <\/p>\n Beyond the business discussions and market analyses, the ASEAN Gaming Summit provided an opportunity to celebrate excellence across the industry through the prestigious Asia Gaming Awards. The ceremony, held on Tuesday, March 18th at the Shangri-La venue, brought together industry leaders to recognize outstanding achievements and innovations.<\/span><\/p>\n <\/p>\n A highlight of this year’s awards was the introduction of the Regulatory Landmark Award, a new classification that acknowledges exceptional compliance and oversight within the industry. PAGCOR Chairman Tengco received this inaugural honor, recognizing his leadership in navigating the complex regulatory transitions while maintaining industry growth.<\/span><\/p>\n <\/p>\n The awards featured multiple categories highlighting key players and specific products that exemplify cutting-edge innovation. This year’s ceremony introduced several new categories and welcomed fresh contenders to compete with established industry giants, reflecting the dynamic evolution of the gaming landscape.<\/span><\/p>\n <\/p>\n <\/p>\n While the formal presentations provided valuable insights, the summit’s interactive elements delivered equally important opportunities for professional development. Attendees participated in specialized workshops beginning on the evening of March 17th, exploring leadership opportunities, jurisdictional considerations, regulatory frameworks, compliance strategies, and emerging market prospects.<\/span><\/p>\n <\/p>\n The main program featured engaging panel discussions examining diverse aspects of the industry. One particularly notable session explored the historical development of iGaming in the Philippines and projected its future trajectory across gaming formats, technological innovations, and advertising approaches. Additional panels provided deep dives into compliance frameworks, live table operations, electronic table games (ETGs), non-gaming trends, and the industry’s response to shifting demographic patterns.<\/span><\/p>\n <\/p>\n Throughout the three-day event, the exhibition hall remained open from 9:00 AM to 5:00 PM, providing continuous opportunities for attendees to engage with exhibitors and explore new business relationships.<\/span> The schedule also incorporated strategic networking breaks, including lunches at the Narra Rooms, closing drinks, and an invitation-only poker tournament that fostered more casual professional connections.<\/span><\/p>\n <\/p>\n <\/p>\n As the 2025 ASEAN Gaming Summit concluded, organizers confirmed plans for next year’s event, scheduled for March 17-19, 2026, with pre-registration already open.<\/span> The continued investment in this premier industry gathering reflects the robust outlook for gaming across the Southeast Asian region, with the Philippines positioned as a central hub for innovation and growth.<\/p>\n <\/p>\n The success of this year’s summit demonstrates the industry’s resilience and adaptability in navigating regulatory changes while embracing technological evolution. As e-gaming continues its remarkable expansion and integrated resorts further enhance their offerings, the ASEAN gaming ecosystem appears well-positioned for sustained growth in the years ahead.<\/p>\n <\/p>\n With the Philippines now generating the second-highest gaming revenue in Asia, the insights and relationships formed at the 2025 ASEAN Gaming Summit will likely play a crucial role in shaping the next chapter of this dynamic industry’s development.<\/p>\n <\/p>\n Lucky Block Casino - Decentralized Gambling Platform<\/p>\n <\/div>\n PAGCOR’s Vision: Charting the Course for Philippine Gaming<\/h2>\n
E-Gaming Revolution: Reshaping the Market Landscape<\/h2>\n
Navigating Regulatory Transitions: The POGO Ban Impact<\/h2>\n
Celebrating Excellence: The Asia Gaming Awards<\/h2>\n
Beyond Presentations: Interactive Learning and Networking<\/h2>\n
Looking Forward: Building on Success<\/h2>\n
Related News<\/h3>\n
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