SUMMARY ON THE PHILIPPINES’ IGAMING POTENTIAL

SUMMARY ON THE PHILIPPINES' IGAMING POTENTIAL

In the Philippines, gambling has been widely practiced for a long time. At the same time that iGaming companies look for new avenues for expansion and development, the country’s population is now turning more and more to online gaming. The Philippines’ iGaming industry is booming, and revenue growth in 2023 is predicted to be much faster than in earlier years. 

Local residents, especially the younger generation, are showing an increasing interest in gaming, whether done on personal computers or mobile devices.

The Philippines, which are regarded as Asia’s iGaming capital, are also the country with the largest iGaming market worldwide. The Philippines has become the most significant iGaming jurisdiction in the world due to its proximity to the lucrative Asian market and unique regulatory structure. 

Operators with in-depth knowledge of the Asian market are aware of how well-suited Manila and the Philippines are for iGaming operations. The PAGCOR license, which enables iGaming operators to operate in the Philippines and the rest of Asia, is only available in Manila, the only jurisdiction in Asia.

The Philippine government agency in charge of regulating the Casino api and gaming industries is called the Philippine Amusement and Gaming Corporation (PAGCOR). It is completely owned by the Philippine government and governed by the Office of the President of the Philippines. The money that PAGCOR makes is used by the government to fund social and civic projects and infrastructure. In well-known tourist locations across the nation, PAGCOR runs 13 casinos.

SUMMARY ON THE PHILIPPINES' IGAMING POTENTIAL (1)

Consider Digitain, a reputable iGaming software and platform provider that has long been the top choice and go-to supplier for many international businesses, if you are based in the Philippines and want to get into the iGaming business or you simply wish to target the Philippines and enhance your existing operation with some of the finest iGaming products available. Digitain offers both Turnkey and API solutions.

Our business, which initially targeted the regulated European market, is now expanding into Asia in an effort to give customers a one-stop shop. The multi-channel Digitain Gaming Platform offers an integrated payment gateway, Bonus Engine, CRM system, and dedicated customer support in addition to allowing operators to plug in Sportsbook, Casino, Live Dealer, and Virtual Sports modules.

For creating and offering competitive iGaming products, tools, and services, Digitain is well known. We have been in the industry since 1999, so we are well-versed in every facet and have a firm grasp on everything pertaining to it. Visit digitain.com to find out more about us and our offerings, or get in touch with us there.