AROUND this time last year, prospects for the Philippines’ gaming industry were promising. With three major, international-standard casino complexes in Metro Manila (Resorts World, Solaire, and the newest, the City of Dreams) up and running, the country seemed well-positioned to take advantage of a downturn in markets like Singapore and Macau – the world’s biggest, in revenue terms – as well as overall rise in disposable income among would-be leisure tourists here and elsewhere in the region.
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