Philippines gaming industry GGR stayed flat year-on-year at Php94.5 billion (US$1.60 billion) in the three months to 30 September 2025, with a 17.4% increase in revenue from the domestic online gaming or eGames segment largely offset by a 10.2% decline from licensed land-based casinos. eGames had, however, been on track for far more significant growth before an order from the Philippines’ central bank for e-wallets to delink from online gaming sites saw revenues quickly decline.
According to information from regulator PAGCOR, eGames GGR climbed to Php42.0 billion (US$712 million) in 3Q25, up from Php35.7 billion (US$605 million) a year earlier thanks entirely to impressive July numbers. Segment revenues in August and September subsequently declined following the mandatory delinking of e-wallets from legitimate gaming platforms.
“The figures reflect an industry that is adjusting to necessary safeguards,” said PAGCOR Chairman and CEO, Alejandro Tengco.
