The E-Games and online gaming sector overtakes licensed casinos as the largest revenue contributor during the year
PAGCOR has revealed that the Philippine gaming market grew gross gaming revenue (GGR) by 6.4 per cent to PHP396.14 billion (approx. €5.62 billion) in 2025.
The year-on-year growth was driven by the E-Games and online gaming sector, which offset a decline in revenue from brick-and-mortar casinos.
Revenue from E-Games and online gaming rose 30 per cent to PHP201.12 billion, comprising results from E-Bingo, E-Games, Bingo Grantees and onsite and offsite poker.
Revenue from licensed casinos declined by 9.6 per cent to PHP182.50 billion, while revenue from PAGCOR-operated casinos also declined, falling 21 per cent to PHP12.52 billion.
“The E-Games and online gaming segment accounted for 50.77 per cent of total industry GGR,” said PAGCOR chairman and CEO Alejandro H Tengco. “It has overtaken licensed casinos as the largest GGR contributor.
“The increase in electronic gaming revenues shows how the industry has evolved. Online gaming is no longer a supplementary segment but has now become the leading driver of overall GGR growth.”
Tengco added that the growth in E-Games revenue came despite a temporary slump in the third quarter of 2025 following the de-linking of e-wallets, which disrupted player access and payment channels.
The adjustments in digital payment systems were implemented to improve transaction traceability, protect players, and strengthen confidence in regulated online gaming.
“The 2025 GGR performance underscores the importance of regulatory balance as the industry evolves,” he continued. “Our objective is not simply to grow revenues, but to ensure that growth is sustainable, transparent, and compliant because of a stronger regulatory environment that supports the long-term stability of the gaming industry.”