Gaming Q1 revenue slips to ₱87.6B as spending slows

E-gaming declines 22.43% while casinos retain majority share.

Philippine gaming industry posted ₱87.6 billion in gross gaming revenue in the first quarter, falling 15.87% from ₱104.12 billion a year earlier, as consumer spending tightened across key segments.

E-gaming, which covers E-Games, E-Bingo, bingo and poker, recorded a 22.43% decline, dragging overall performance lower as household and discretionary spending softened alongside inflation pressures and geopolitical tensions in the Middle East.

Licensed casinos remained the largest source at ₱44.52 billion or 50.83% of total GGR, followed by electronic gaming at ₱39.90 billion or 45.55%, while PAGCOR-operated casinos contributed ₱3.17 billion or 3.62%.

PAGCOR said the industry faced pressure from economic headwinds and evolving market conditions, while pointing to continued investments in integrated resort developments, digital innovation, and responsible gaming programs as support for longer-term activity.

Recovery could follow once geopolitical tensions ease, allowing consumer confidence and spending to gradually return.

For operators and businesses tied to the sector, the first quarter performance points to a more cautious spending environment where growth leans heavily on digital platforms and tourism-linked demand.

READ: