Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., left, toasts with Teresita Sy-Coson, vice chairwoman of SM Investments Corp., during a news conference in Manila, the Philippines, on Wednesday, Oct. 9, 2013. Ho said gambling revenue in the Philippines 'could easily' double to $4 billion in a couple of years, setting the stage to challenge Singapore as Asia's second-biggest gaming hub. Photographer: Julian Abram Wainwright/Bloomberg via Getty Images