Filipino eGame model attracts Asian interest

    Published in: Latest IntelligencePhilWeb, which operates 299 eGaming cafes across the Philippines, said its business model is attracting growing interest across Asia from regulators and gaming firms eager to replicate the business at home.The Philippines, which is positioning itself as a major casino hub in Asia, is already the regional leader in the rapidly expanding online gambling market. It’s the only country in the region where online gambling is legal and regulated, although several others, such as Singapore and Cambodia are considering rule changes.“I would say we are advanced in that respect,” Brian Ng, Philweb Senior Vice President for eGames said in an interview, referring to the Philippines’ lead in the industry. “eGames is a low-capital expenditure means for governments to increase their revenue collection. Rather than spending $25,000 for a slot machine, operators can spend $1,500 on a computer connected to a central server running software certified...

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