Reports PHILIPPINES MARKET REPORT
Back with a Vengeance Philippines
As the Philippines’ land-based gambling
sector bounces back and above pre-pandemic
revenue levels, the online sector comes under attack from lawmakers seeking a blanket ban.
Te Philippines presidential and vice- presidential elections, held in May 2022, saw incumbent president Rodrigo Duterte ineligible for re-election due to the single six-year term rule and Ferdinand ‘BongBong’ Marcos take the helm with Duterte’s daughter, Sara Duterte, winning the role of vice-president.
Marcos received 31.6 million of the 56 million votes cast, the most votes ever received for a presidential candidate in the country. It was the highest turnout of voters since 1998.
Te pandemic had a huge influence on voters as the country struggled with recession. Other issues included Philippines’ relationship with China and the US, management of the country’s debt, rising inflation and climate change.
‘BongBong’ is the son of former dictator Ferdinand Marcos and former first lady Imelda Marcos and his leadership marks the return of the Marcos family to power for the first time since the People Power Revolution in 1986.
Until that time he had been governor of Ilocos Norte since 1983. After the family was ousted from power and his father died in 1989 the
family was allowed to return to face various charges. He and his mother Imelda still face arrest in the US for fines relating to restitution for human rights abuse victims during the dictatorship.
Marcos became governor again of Ilocos Norte in 1998 and later became Senator under the Nacionalista Party from 2010 to 2016. He unsuccessfully ran for vice-president in 2016.
He won the 2022 election under the Partido Federal ng Pilipinas (PFP) party by a landslide 59 per cent of the votes. However, his campaign was criticised for disinformation and misrepresentation whilst tax fraud convictions were raised.
He enlisted Sara Duterte, daughter of former president Rodrigo Duterte, as his vice-president. Sara is also secretary of education and was Mayor of Davao City from 2016 to 2022 and 2010 to 2013. She ran for vice presidency under Lakas-CMD and ran with Marcos on a joint ticket during the election under the UniTeam Alliance banner thereby uniting two populist right-wing dynasties.
WIRE / PULSE / INSIGHT / REPORTS P37
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164
