The Philippine casino sector may give Singapore a run for its money due to improved tourism figures and infrastructure in the country.

Bloomberry Resorts Corp. Enrique Razon painted a rosy outlook for the Philippines on Friday, as he believes that the country may able to surpass Singapore as the gambling destination in Southeast Asia.

In an interview with CNBC, Razon pointed out: “You know, with more properties coming online, it should increase the size of the (Philippine) market. I think medium- to long-term, everybody’s going to do great.”

Razon, who has staunchly supported the gambling policy of controversial Philippine President Rodrigo Duterte, professed his intention to continue betting big on the Philippines instead of making investments overseas.