Skip to content 
Search

Latest Stories

Philippines chosen to host ASEAN Gaming Summit in 2023

Philippines chosen to host ASEAN Gaming Summit in 2023

The ASEAN Gaming Summit will be held in the Philippines in March 2023. The event in Manila will give attendees the opportunity to gain industry insights at an exhibition featuring 11 iGaming companies. The event will be live-streamed, creating a greater level of accessibility to interested parties.

The decision consolidates the position of the Philippines as a serious player in the iGaming industry. The Pearl of the Orient now boasts 51 land-based casinos, more than Macau, the special administrative region of China known as the Vegas of Asia. The iGaming industry in the Philippines has given a boost to the economy through the creation of tens of thousands of positions in the past ten years.


Industry events reflect a burgeoning iGaming industry

The ASEAN Gaming Summit is just one of the iGaming expos raising the profile of the industry in Asia. G2E Asia, an international trade show and iGaming conference focussing on Asia, is benefiting from the involvement of the American Gaming Association and the UK company Reed Exhibitions. Held in Singapore, it will showcase iGaming companies in the region such as the Korean company Kangwon Land, Inc. and Allgame, the Malaysian supplier of live streaming video content. The aim of the event is to introduce attendees to the latest trends, innovations and iGaming solutions.

In another boost to the region, the first Strategic Platform for iGaming Conference & Exhibition (SPiCE) Philippines will be held in October 2022. The event will bring together industry players active in South East Asia and provide an opportunity for networking with operators and professionals in the sector.

The London model of success

The overall aim of these Asian iGaming expos is to elevate the sector to the heights of industry events held in Britain, such as ICE London, the annual iGaming industry event, and Ice Vox, a conference that provides masterclasses in topics such as customer acquisition and searching for the next hugely successful slot game. Both events will be held at ExCeL London in February 2023.

Another industry event being held in London this October is the EGR Operator Awards 2022, which has been dubbed the Oscars of the gambling industry. It awards accolades in a range of categories such as the top casino operator, which is judged on key criteria including growth and commercial success and innovation and differentiation. There are also awards in operator categories such as the award for the best slots operator, which selects the top industry operator based on commercial success and innovation.

These events are particularly useful to newcomers to the industry due to the expertise on offer and the networking opportunities. The UK is a particularly attractive location for startups due to the high level of financing available to new companies.

The growing iGaming sector in Asia

Figures show that Asia would certainly benefit from more of these iGaming industry events. According to Statista, total revenue in the casino games segment in Asia is expected to be almost £1.5 billion this year. Conferences and summits bring together the international big players in the iGaming industry to share insights, innovations and expertise and this would be invaluable as the Asian gambling sector strives to meet increased demand.

Asia would do well to take the UK iGaming industry as a model for success. The United Kingdom has a well-established gambling sector with many of the providers of slots online based in the UK. Three of the major players are based on the Isle of Man: the online gambling software company Microgaming, which is behind the popular progressive slot Mega Moolah, the Skywind Group, the iGaming industry content provider which has a slot game portfolio including Joker’s Luck Deluxe and Big Buffalo Megaways and Red Tiger, the slot development company behind the Joe Exotic and Big Cat Rescue Megaways slots.

Red Tiger has also developed casino games in Asia and there is certainly room for Asia to grow in this regard. Asian nations have been extremely successful in the video game industry and there's every chance that industry events such as the ASEAN Gaming Summit could provide the opportunity for providers in the iGaming industry to learn about the latest innovations, trends and solutions in order to become iGaming specialists in their own right. The Chinese gaming company NetEase has been identified as a company experiencing rapid growth.

Asian nations will be eyeing the tax income from the gambling sectors of the Philippines, Singapore and Macau, three major players in the region. Furthermore, the recent draft proposal put forward by the Economy, Trade and Industry Ministry of Japan for the legalisation of sports betting in the Land of the Rising Sun could be an indication that other nations are considering the relaxation of gambling legislation in the near future.

The decision to hold the ASEAN Gaming Summit in the Philippines is a big vote of confidence in the nation’s iGaming sector. The opportunity to share insights and gain knowledge from industry experts could provide the impetus for the iGaming sector in Asia to meet the demands of growth with the sort of innovative products on offer in the United Kingdom.

More For You

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

Today, as the digital economy continues to evolve, passive income is no longer a wealth tool exclusive to the rich, but something that everyone can touch and participate in. With the integration of blockchain technology and green energy, LET Mining is providing global users with a new way of passive income: no operation, zero technical threshold, and daily income.

What is LET Mining?

LET Mining is an innovative cloud mining service platform that simplifies the complex cryptocurrency mining process into a few simple steps through cloud computing technology, allowing ordinary users to easily participate in digital currency mining and obtain stable passive income without purchasing expensive hardware equipment or mastering professional technical knowledge.

Keep ReadingShow less
JLR Tata

A logo is pictured outside a Jaguar Land Rover new car show room in Tonbridge, south east England.

JLR Q1 sales dip as US tariffs hit exports

Jaguar Land Rover (JLR) reported a 10.7 per cent drop in sales for the April–June quarter, as a temporary pause in shipments to the United States and the phase-out of Jaguar’s legacy models weighed on volumes.

The company, owned by India’s Tata Motors, sold 87,286 units to dealers worldwide during the quarter, compared to 97,755 units in the same period last year.

Keep ReadingShow less
Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less