PAGCOR Chairman Alejandro Tengco on Monday reiterated his stance that the country’s gaming regulator was facing a considerable decline in gaming revenues and income in 2026, driven by the delinking of licensed online gaming platforms from e-wallets and the impact of the Middle East conflict on the local economy.
However, he also noted a recent uptick at the country’s integrated resorts, with higher visitation and activity through July and August.
Tengco’s comments were made during an appearance at the House of Appropriations Committee on Monday in which he detailed factors impacting PAGCOR and its mandated contributions to nation-building.
The agency said it expects total income to fall by around 18% year-on-year to Php86.9 billion (US$1.41 billion) – mainly attributable to an order from the central bank last year for the delinking of online gaming platforms.
