![]() ![]() “I wouldn’t bank too much on that domestic gambling figure for Australians,” stated the Philippine national. dollar from a four-month high – partly on concerns over the Chinese economy, which has been a major positive factor in Australia’s commodities-led export boom.Īnd linkage between Australians’ domestic gambling spend, and the prospects for the Manila casinos if more Australians are visiting the Philippines is probably a stretch, Don Dioko, director, IFT Tourism Research Centre at the Institute for Tourism Studies in Macau, told GGRAsia ![]() In April this year however, the Australian dollar softened against the U.S. It suggested the reason was “a combination of the high exchange value of the Australian dollar, the rapid expansion of low cost carriers and strong growth in the number of older Australian couples whose adult children have left home.” Australians’ gambling spend includes betting on poker machines in local parlours and on sports betting as well as casino wagering.Ī report by consumer research firm Euromonitor International Ltd in September last year said that since 2012, outbound tourism by Australians has recovered strongly following a dip linked to the international crisis of 2008. Short-term travel movements to and from the Philippines by Australian residents increased 11.6 percent year-on-year to 67,300 in the four months to April 30 indicate data compiled by the Australian Bureau of Statistics and reviewed by GGRAsia.Ī recent report in The Australian newspaper suggested that the extra tourists could be beneficial for the new generation of casino resorts being built in the Philippines capital Manila.Īccording to research compiled independently by Monash University in the Australian state of Victoria and published at the end of May, the amount each Australian gambler spends on average domestically is up to three times higher than the spend of domestic gamblers in Canada or England in the United Kingdom. Newsdesk Features, Latest News, Philippines, World ![]()
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