¡°It continues to be very important,¡± Giden said. ¡°You can hear it on the earnings calls. The big operators, the national brands, view online casino as very important to their long-term profitability. For their sports apps it¡¯s a huge cross-sell opportunity, and online casino makes more money than sports betting. I can say this much: Casino legalization and expansion will not get less important in the next five years.¡±
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Other politicians could soon join the push, as well. Senator Grace Paul has called out POGOs and Senator Ronald dela Rosa is drawing up a study of POGO activity. Senate President Juan Miguel Zubiri is watching, waiting for the results of the study before issuing his opinion.
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¡°New York was not too much on our radar because they just legalized online sports betting and they are also in the process of licensing the downstate casinos,¡± she said. ¡°Next year feels like a good opportunity to figure out operational details. We currently have them in the 2024-25 range, a near- to mid-term candidate. I¡¯m not over the 50% mark for next year, at least not yet.¡±