A significant year-over-year decline in domestic igaming revenue saw industry-wide gross gaming revenue decline 15.9% year-on-year to Php87.6 billion (US$1.4 billion)1 PHP = 0.0162 USD
2026-05-18Powered by CMG CurrenShift (US$1.42 billion) in the three months to 31 March, according to data from the Philippine Amusement and Gaming Corporation (PAGCOR).
The gaming regulator said the first-quarter decline was largely driven by the weaker performance of the electronic gaming sector – including e-games, e-bingo, bingo and poker – which posted a combined 22.4% year-over-year decline in GGR.
Licensed casinos emerged as the industry’s largest revenue contributor during the period, generating Php44.5 billion (US$721 million)1 PHP = 0.0162 USD
