Industry players laud Philippines’ vibrant talent pool, robust regulatory regime

Jenny Ortiz March 19, 2024

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Industry players laud Philippines’ vibrant talent pool, robust regulatory regime

Gaming industry players praise the Philippines for its vibrant talent pool and robust regulatory regime.

In a panel discussion at the ASEAN Gaming Summit 2024 moderated by Patrick Kinghorn, Asian Gaming Consultant of Pronet Gaming, industry leaders weigh in on the Philippines’ role in the development of the gaming sector in Southeast Asia and the whole of Asia.

Alex Leese, CEO of Pronet Gaming, emphasized the meticulous research undertaken to select an ideal jurisdiction for their operations, citing the Philippines as the standout choice.

“It was important to us to make sure that we did the proper thorough research to select a jurisdiction to place our operation with the key criteria that we needed which was a vibrant local talent pool, full of experienced and enthusiastic people within the sector, across IT, across marketing, across commercial support,” Leese said.

Leese also lauded the Philippines’ robust regulatory framework, which he said provides the necessary confidence for long-term investments.

Michael Charlton, Asia-Pacific Director of Entain, echoed Leese’s sentiments, commending the Philippines’ progress in gaming regulations.

“What’s been fascinating for me is looking at the progress made by PAGCOR (Philippine Amusement Gaming Corporation),” Charlton said.??

Charlton expressed admiration for the existing regulatory framework while highlighting the potential for future developments, envisioning the Philippines as a model for regulatory excellence in Asia.

“The potential for future regulations and producing the sort of market and the sort of regulatory environment that can be a showpiece to the rest of Asia,” Charlton added.

The importance of consumer protection

Charlton also emphasized the importance of consumer protection and revenue generation through taxation, noting the Philippines’ strides in creating an exemplary gaming environment.

The consensus among industry experts at the summit underscored the Philippines’ emergence as a premier destination for gaming operations.