The Philippine Amusement and Gaming Company (PAGCOR) reported gross gaming income (GGR) of PHP396.14 billion ($6.6 billion) for 2025, marking a 6.39% enhance from PHP372.33 billion ($6.2 billion) in 2024, as fast development in on-line and digital gaming offset a decline in land-based on line casino revenues.
Knowledge from the regulator confirmed the digital and on-line gaming section generated PHP201.12 billion ($3.4 billion), up about 30% year-on-year from PHP154.66 billion ($2.6 billion), with the class masking e-games, e-bingo, bingo grantees, and each onsite and offsite poker operations.
PAGCOR Chairman and CEO Alejandro Tengco stated the section had turn out to be the business’s fundamental development driver. “The E-Video games and on-line gaming section accounted for 50.77% of whole business GGR,” he stated, including that it “has overtaken licensed casinos as the biggest GGR contributor.”
The shift underscores a structural change within the Philippine gaming market, the place conventional casinos have lengthy dominated. Revenues from licensed casinos fell about 9.58% to PHP182.50 billion ($3 billion) in 2025, down from PHP201.84 billion ($3.4 billion) a 12 months earlier. In the meantime, PAGCOR-operated On line casino Filipino venues recorded a sharper decline of round 21% to PHP12.52 billion ($208.7 million).
Tengco stated the figures mirrored evolving shopper behaviour. “The rise in digital gaming revenues exhibits how the business has developed,” he stated. “On-line gaming is now not a supplementary section however has now turn out to be the main driver of total GGR development.”
Regardless of robust annual efficiency, the net section confronted headwinds in the course of the third quarter after the delinking of e-wallets and the introduction of tighter digital cost guidelines, which disrupted entry and coincided with a decline in new gamers.
Tengco stated the adjustments had been a part of regulatory efforts “to enhance transaction traceability, defend gamers, and strengthen confidence in regulated on-line gaming.”
“The 2025 GGR efficiency underscores the significance of regulatory stability because the business evolves,” he stated. “Our goal shouldn’t be merely to develop revenues, however to make sure that development is sustainable, clear, and compliant due to a stronger regulatory setting that helps the long-term stability of the gaming business.”
The broader sector additionally faces exterior pressures, together with geopolitical tensions, rising gas prices, and weaker journey demand, which have weighed on land-based operations.
“This isn’t a very good time for everybody,” Tengco stated. “Gaming jurisdictions globally are feeling the influence of the oil disaster, and much more progressive nations like Singapore, Macau, and the US should not spared.”
“These exterior pressures are affecting not solely gaming operators but in addition the native gaming business stakeholders,” he added.
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