Philippine gaming revenues dip slightly in Q3 2025 amid stricter rules

Philippine gaming gross revenues experienced a slight decrease in the third quarter of 2025, attributed by PAGCOR to stricter regulations and the delinking of e-wallets from legitimate gaming platforms.

Third-quarter gross gaming revenues (GGR) amounted to P94.51 billion, a marginal drop from P94.61 billion in the same period last year.

Electronic games showed strong growth, increasing by 17% to P41.95 billion, largely driven by performance in July before the delinking of e-wallets.

The delinking of popular e-wallets GCash and Maya from online gambling platforms in August, a directive from the Bangko Sentral ng Pilipinas (BSP), led to a short-term decline in gaming activity.

PAGCOR Chairman and CEO Alejandro Tengco stated that these measures are crucial for player protection and ensuring secure, transparent transactions.

Revenues from PAGCOR-operated casinos decreased by 11.6%, licensed casinos by 10.2%, and bingo revenues fell by 16.2%.

Tengco also highlighted the aggressive expansion of illegal online gambling sites that do not adhere to responsible gaming standards, do not pay taxes, and pose risks to players.