Philippine online gaming operators are increasingly being forced to seek rescue capital, partnerships, or full exits as at least three in five gaming system administrators (GSAs) suffer from severe revenue crisis. In an Aug. 19 report, regulatory and commercial advisory firm Arden Consult...
Aggressive tax cuts and nationwide ban on offshore operators have redirected capital into domestic platforms, fueling unprecedented growth in the Philippine digital gaming market. The counrty’s gross gaming revenue (GGR) reached a record ₱396 billion last year, driven by the surge in digital...
State-run Philippine Amusement and Gaming Corp. (Pagcor) has released an initial ₱65.6 million in relief assistance to communities in Luzon and Metro Manila affected by Tropical Cyclones Luis and Maymay and the enhanced southwest monsoon, or “ habagat. ” In a statement on Thursday, Aug. 13,...
The Philippine gaming industry’s gross gaming revenues (GGR) fell by more than a fifth to ₱88.1 billion in the second quarter of the year amid weaker electronic gaming revenues and renewed geopolitical tensions in the Middle East. Data released on Monday, Aug. 10, by the Philippine Amusement...
State-run Philippine Amusement and Gaming Corp. (Pagcor) has blamed the lingering impact of the United States (US)-Iran war for the massive contraction of its net income to ₱1.6 billion in the first semester of 2026, largely reflecting the decline in e-gaming revenues. Pagcor’s net income for...
While the Philippines has high acceptance of online gaming, S&P Global has flagged the looming contraction in the industry’s gross gaming revenue (GGR) in 2026, due in part to the regulatory squeeze, including the ban on e-gaming linkages with e-wallets. According to the global debt watcher’s...
Selling the Philippine Amusement and Gaming Corp.’s (Pagcor) Casino Filipino operations could fetch up to ₱50 billion in immediate revenue for the government, but the windfall will not go to the Philippine Health Insurance Corp. (PhilHealth), according to Makati-based legal practice Geronimo...
Potential buyers of Casino Filipino are poised to push back against any government attempt to force them to retain staff from the state-owned gaming operator, according to Makati-based legal practice Geronimo Law, creating a fresh complication for the Philippine Amusement and Gaming Corp.’s...
State-run Philippine Amusement and Gaming Corp. (Pagcor) has ordered all regulated casinos and gaming entities to tighten safeguards against illicit capital flows. The directive follows a state assessment which revealed that the sector remains highly vulnerable to financial crime. In a July 13...
State-run Philippine Amusement and Gaming Corp. (Pagcor) has mandated all gaming corporations to formally declare their exclusive tie-ups with foreign gaming partners, which must be fully compliant with domestic gaming laws. Pagcor directed all accredited gaming affiliates and previously authorized...
The Manila City government received 100 43-inch smart TVs from PAGCOR on Wednesday, July 8, which will be used for public information dissemination, office monitoring, and service delivery in city facilities. The donation was formally turned over by PAGCOR Assistant Vice President Eric Balcos and...
Tightened rules and stricter oversight of the gaming sector may have hampered efforts to recover revenues lost in previous quarters, but global credit rating agency S&P Global Ratings said a more supportive visa policy and the rebound in online gambling could help gaming operators bounce back in...
