In 2024, the Philippines has taken the lead as Asia's largest gambling hub, according to Insider Monkey’s list of the 20 largest gambling countries in Asia. The rankings, based on the number of casinos listed in the World Casino Directory database, highlight the significant presence of gambling facilities across the continent.
Leading the Way: The Philippines
The Philippines tops the list with an impressive 76 casinos. This robust number reflects the country's growing gambling industry, which has seen significant investments and developments in recent years. The proliferation of casinos in the Philippines is driven by both domestic demand and international tourism, making it a central player in Asia’s gambling scene.
Cambodia and Vietnam Follow
Following the Philippines, Cambodia secures the second spot with 52 casinos. Cambodia's gambling sector has expanded rapidly, particularly in border areas catering to international tourists from neighboring countries.
Vietnam ranks fourth with 40 casinos. The Vietnamese government has gradually eased restrictions on gambling, leading to an increase in the number of casinos. This growth is part of broader efforts to boost tourism and economic activity in the country.
Singapore and Malaysia: Steady Contributors
Singapore, with its 10 casinos, is ranked 11th. Despite the relatively smaller number, Singapore’s casino industry is notable for its large-scale integrated resorts like Marina Bay Sands and Resorts World Sentosa, which attract high-rollers and tourists from around the world.
Malaysia and Myanmar each have 5 casinos, contributing to their presence on the list. Malaysia’s casinos, particularly the famous Genting Highlands, are key attractions, while Myanmar’s casinos are part of the country’s broader tourism strategy.
Laos: Emerging Market
Laos, with 3 casinos, is also among the top 20. While smaller in number, the presence of these casinos indicates a growing interest in gambling as a means to attract tourists and boost local economies.
Key Statistics
- Philippines: 76 casinos
- Cambodia: 52 casinos
- Vietnam: 40 casinos
- Singapore: 10 casinos
- Malaysia: 5 casinos
- Myanmar: 5 casinos
- Laos: 3 casinos
Implications for the Region
The rankings highlight Southeast Asia’s significant role in the gambling industry. The presence of multiple countries from the region in the top 20 underscores the importance of gambling as a driver of tourism and economic growth. Countries like the Philippines and Cambodia are leveraging their gambling sectors to attract international tourists, create jobs, and generate revenue.
Conclusion
The emergence of the Philippines as Asia’s biggest gambling hub reflects broader regional trends in the gambling industry. With substantial investments and a growing number of casinos, these countries are well-positioned to capitalize on the rising popularity of gambling in Asia. As the industry continues to evolve, it will be interesting to see how these countries adapt and grow, further shaping the landscape of gambling in the region.
