The Philippine gaming industry saw gross gaming revenues fall by 20.3% to Php88.1 billion (US$1.45 billion) in the three months to 30 June 2026, with regulator PAGCOR citing weaker revenues from the electronic gaming segment alongside factors like renewed tensions in the Middle East.
However, the land-based sector showed small signs of improvement, with GGR from licensed casinos rising 2.9% year-on-year and 1.9% quarter-on-quarter to Php45.4 billion (US$474 million). This included a 2.7% year-on-year increase in GGR from casinos in Entertainment City: City of Dreams Manila, Newport World Resorts, Okada Manila and Solaire Resort.
According to data released Monday, licensed casinos accounted for 51.5% of total GGR across the Philippines in Q2, while the electronic gaming sector – comprising E-Games, E-Bingo, bingo and poker – accounted for 45.2% of the industry total at Php39.9 billion (US$675 million).
Casinos operated by PAGCOR generated Php2.90 billion (US$47.7 million), representing 3.3% of second quarter GGR.
Speaking of the overall GGR result, PAGCOR Chairman and CEO Alejandro Tengco said, “The decline was driven by several factors, including the impact of inflation and the geopolitical crisis in the Middle East, which weighed on consumer spending, particularly on discretionary activities.”
The Chairman did, however, express optimism for the industry’s long-term health.
“PAGCOR remains committed to implementing measures that will help increase GGR and further strengthen the industry’s performance,” he said. “We will continue working with our stakeholders to ensure that the gaming industry remains a meaningful contributor to nation-building.”
The regulator announced last month that its own revenues had declined by 26.6% to Php43.3 billion (US$705 million) in the first six months of 2026, similarly impacted by weaker revenues from the online gaming segment.
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