Philippines industry gaming revenue grew by grew by 19.2% year-on-year to Php194.7 billion (US$3.34 billion) in the first six months of 2024, boosted by the rise of the online gaming sector comprised of E-Games, E-Bingo and bingo grantees.
The update, provided by regulator PAGCOR on Sunday, showed that the E-Games sector more than tripled GGR in 1H24 to Php63.01 billion (US$1.08 billion), underscoring the sector’s unprecedented domestic-driven performance.
Licensed casinos, including those in Entertainment City and regional locations such as Clark and Cebu, remained the biggest GGR contributors with Php99.2 billion (US$1.70 billion) while PAGCOR-operated casinos saw GGR fall by 11.6% year-on-year to Php8.9 billion (US$152 million).
