Revenue drop in Q2 2026 was driven by decline in the electronic gaming segment
The Philippine gaming industry has seen total gross gaming revenues (GGR) decline by 20.3 per cent to Php88.13 billion (approx. €1.25 billion) during the second quarter of 2026.
The decline in GGR was largely driven by weaker revenue from the electronic gaming segment, as well as other factors, including renewed tensions in the Middle East.
“The decline was driven by several factors, including the impact of inflation and the geopolitical crisis in the Middle East, which weighed on consumer spending, particularly on discretionary activities,” said PAGCOR chairman and CEO Alejandro H. Tengco.
Licensed casinos remained the industry’s largest revenue contributor with GGR of Php45.37 billion in the second quarter, equivalent to 51.5 per cent of the quarterly total.
The electronic gaming sector, which includes E-Games, E-Bingo, bingo and poker, contributed GGR of Php39.85 billion, while casinos operated by PAGCOR generated Php2.90 billion.
Tengco expressed optimism that the local gaming industry will eventually recover, citing operators’ efforts to improve services, adopt technological innovations, and strengthen responsible gaming measures.
“PAGCOR remains committed to implementing measures that will help increase GGR and further strengthen the industry’s performance,” he said. “We will continue working with our stakeholders to ensure that the gaming industry remains a meaningful contributor to nation-building.”
Last month, PAGCOR reported a 26.6 per cent drop in total revenue to Php 43.32 billion, due to lower earnings from gaming operations.