Philippines licensed casinos no longer main GGR driver as gaming revenues fall

Wednesday, May 7, 2025 11:26 AM
Image aggregated from Inside Asian Gaming.
  • Ben Blaschke, Inside Asian Gaming

Licensed casinos in the Philippines, including those in Manila’s Entertainment City and in Clark, generated gros gaming revenues of Php49.3 billion (US$890 million) in the first three months of 2025 – very slightly down on the same period last year and 5.1% lower than in the December 2024 quarter.

However, total GGR grew by 27.4% year-on-year to Php104.1 billion (US$1.88 billion) thanks to the continued surge in the E-Games segment, according to information from PAGCOR. The regulator also revealed that E-Games has for the first time become its main revenue driver in Q1.

“The E-Games and E-Bingo segment made history by becoming the industry’s top revenue driver for the first time, contributing Php51.4 billion (US$927 million) or 49.36% of the total first quarter GGR,” said PAGCOR Chairman and CEO, Alejandro Tengco.