The island of Cebu is quickly becoming the next destination—after Manila—for online gambling operators in the Philippines after Manila.
Cebu Daily News reported that the online gambling operators’ demand for Cebu office spaces significantly grew 25,700 square meters, accounting for a quarter of recorded transactions last year.
Data provided by property consultancy firm Colliers International Philippines shows that there are at least two internationally licensed gambling operators in Cebu.
One of the firms occupy a 22,000-square meter space at the Tower 1 Plaza Magellan in Mactan Newtown in Lapu-Lapu City, while the other opened nearly 3,700 square meters of office space at Momentum Building in the Cebu Business Park in Cebu City.