Is Manila the region’s next Macau?
The gambling world is on the lookout for its next international hub, and the city of Manila is firmly on the radar. But can the Philippine capital handle an influx of junket operators and criminal undercurrents?
Skyscrapers, jeepneys, Lake Taal and shoe production…the bustling metropolis of Manila is famous for many things, but can world-class casinos be next? With the PSEI - the Philippines’ regional stock market index - emerging as one of 2012’s top performers, there has been speculation that that the city can rival Macau as Asia’s flagship gambling centre.