Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Thematic (Sector/Industry)

Philippines Consumer discretionary / Thematic (Sector/Industry)

<ul><li>The Philippines casino space is estimated to show a 20% increase for 2017, against a consensus 12% for Macau.</li><li>China visitor arrivals to the Philippines rose 38% in 2016 to 675,000 overtaking Japan is the third largest visitor source only behind South Korea and the US. VIP gamblers spooked by Macau crackdowns contributed mightily to the Philippine upside. But will it continue now that the Macau VIP and mass markets are both in strong recovery mode?</li><li>Pagcor, the government-owned and run casino entity has announced it intends to sell its 46 casinos by the end of the year to private sector investors where they belong.</li></ul>

The Philippines casino space is estimated to show a 20% increase for 2017, against a consensus 12% for Macau.China visitor arrivals to the Philippines rose 38% in 2016 to 675,000 overtaking Japan is the third largest visitor source only behind South Korea and the US. VIP gamblers spooked by Macau crackdowns contributed mightily to the Philippine upside. But will it continue now that the Macau VIP and mass markets are both in strong recovery mode?Pagcor, the government-owned and run casino entity has announced it intends to sell its 46 casinos by the end of the year to private sector investors where they belong.

Philippine Casino Stocks: Ground Floor or Trap Door?