PH gaming gross revenues down 20% to ₱88.13 billion in Q2 2026 —PAGCOR

The country's gaming industry only generated ₱88.13 billion in gross gaming revenues (GGR) in the second quarter of 2026, a 20% decline from the ₱110.63 billion earned in same period last year, the Philippine Amusement and Gaming Corporation (PAGCOR) said.

PAGCOR said the dip in GGR from April to June was due to weaker revenues from the e-gaming sector and the tensions in the Middle East.

"The decline was driven by several factors, including the impact of the inflation and the geopolitical crisis in the Middle East, which weighed on consumer spending, particularly on discretionary activities," said PAGCOR chairperson and CEO Alejandro Tengco in a statement.

For the second quarter of the year, PAGCOR said, licensed casinos remained the top revenue contributor after generating ₱45.37 billion or 51.49% of total GGR.

Further, the e-gaming sector (e-games, e-bingo, and poker) generated ₱2.90 billion or 45.21% of the GGR for the said period.

PAGCOR-operated casinos, on the other hand, generated ₱2.90 billion or 3.30% of the second quarter GGR.

"We will continue working with out stakeholders to ensure that the gaming industry remains a meaningful contributor to nation-building," said Tengco.

In the first half of 2026, PAGCOR saw its revenues decline by 26.64% due to lower earnings from its gaming operations.

Last June, the state-run firm said it will reinforce safeguards to strengthen responsible gaming and player protection as the country’s gaming industry continues to expand alongside digitalization. — BM, GMA News