Philippines law firm VAL has launched a dedicated gaming, hospitality and entertainment practice group.
Headed by Glenn Ocampo, formerly a director and head executive assistant in the Philippine Department of Tourism, the practice also includes Deriq and Miguel Carlos Pangilinan, both of whom bring significant experience in gaming licensing, regulation and compliance.
Founding and managing partner Elyrhey Vasig said the move reflected increasing activity in the sector and evolving client needs.
“We are seeing significant growth and investment activity across gaming, integrated resorts, hospitality, leisure, entertainment, and health and wellness tourism. At the same time, these industries continue to operate within highly specialised and evolving regulatory environments. As the industries mature, businesses require advisers who not only understand the law but also appreciate the commercial realities and regulatory frameworks unique to these sectors,” he said.
“As these sectors continue to expand, we believe that now is the right time to establish a dedicated practice group that could provide focused, industry-specific legal counsel and position the firm to better serve a rapidly growing client base.”
Vasig said the formation of the practice would “only be the beginning”, with further expansion expected in line with client demand.
“We view this as a strategic growth area for the firm and fully expect the practice to continue expanding as client demand increases. In addition to the core members of the group, the practice will be supported by the firm’s corporate and tax departments whenever transactions, structuring, regulatory, or tax issues arise. We also anticipate the addition of more junior associates as the practice continues to grow,” he said.
Ultimately, VAL aims to build one of the leading gaming, hospitality and entertainment practices in the Philippines by offering a combination of regulatory expertise, industry knowledge and commercial advice.
“Glenn, Deriq and Miguel are already actively advising casinos, hotels, gaming platforms, and other industry participants on licensing, regulation and compliance matters, and we are excited about the opportunities ahead as the sectors continue to evolve,” Vasig said.
