According to data released by the Philippine Entertainment Gaming Company (Pagcor), a casino regulator in the Philippines, casinos in the Clark region of the Philippines saw their gross game sales (GGR) rise 11.9% year-on-year to 14.54 billion pounds ($254.4 million) in the first half of 2024.
Hann Philippines Inc., the main company behind a casino resort, is currently developing Hanni Reserve properties. The luxury development will include three 18-hole courses, several luxury hotels, villas, and “residence.”
In December, the Banyan Tree-branded hotel began construction on the Hanni Reserve site, and in July, the plan would also include a 250-room Intercontinental-branded hotel, the Philippines said. In mid-July, Pagcor confirmed to GGRAsia that the agency had received applications for a new casino resort in Clark.
Regulators have not identified the company that applied for the license. Media reports say Premium Leisure Corp, an investor in City of Dreams Manila Casino Resort, plans to invest at least $300 million in a separate casino resort in Clark.
The growth observed at Clark upended the trend in terms of GGR performance of licensed casinos in the United States. 메이저놀이터
In the six months to June 30, licensed commercial sector casinos in China remained the biggest contributor to the GGR at nearly $99.17 billion. That figure was down 6.3% year-over-year, according to data from Pagcor.
However, the large casino resort in the Entertainment City gaming zone in Manila saw a 11.4% year-over-year decline in total GGR in the first half of 2024 to 79.42 billion PHP.
Pagcor-operated casinos – under a network called Casino Philippine Venue – brought in $8.9 billion in PHP at GGR from January to June, down 11.6% from a year earlier.
Overall, the Philippine gaming division, which includes non-casino businesses, produced 170.94 billion PHPs in the first half of 2024, up 25.4% from a year earlier.
The tally increased the electronic services gaming segment’s GGR to PHP 533.4 billion, up 531.6% year-over-year.