The Philippine Amusement and Gaming Corporation —PAGCOR— generated PHP43.32 billion (US$705 million) between January and June 2026, representing a 26.64% year-on-year decline from PHP59.05 billion during the same period in 2025. The results were released on July 30.
Revenue from gaming operations, the Philippine regulator’s primary financial source, fell 27.11%, from PHP53.40 billion to PHP38.92 billion (US$633 million). The largest blow came from eGames, eBingo and bingo grantees; the segment contracted 41.85%, declining from PHP32 billion to PHP18.60 billion (US$303 million).
Privately operated licensed casinos recorded a narrower 3.85% decline, while venues directly operated by PAGCOR under the Casino Filipino brand fell 8.67%. The state corporation simultaneously operates casinos, regulates the industry and issues gaming licences.
Chairman and CEO Alejandro H. Tengco attributed the deterioration to weaker electronic gaming, reduced consumer spending during the first quarter amid Middle East tensions and higher international fuel prices. Although conditions improved during the second quarter, Tengco warned that uncertainty remains.
The digital segment also absorbed the impact of Memorandum M-2025-029, issued on August 14, 2025, by the Bangko Sentral ng Pilipinas, headed by Eli M. Remolona Jr. The order gave financial institutions 48 hours to remove direct links to gambling platforms from their applications.
Net operating income decreased 35.05% to PHP31.75 billion (US$518 million), while net income plunged 85.29% to PHP1.58 billion (US$25.7 million).
PAGCOR transferred PHP2.01 billion to the Philippine Sports Commission, an increase of 58.68%, following the judicial order requiring it to remit 5% of gross income under Republic Act No. 6847. Public contributions totalled PHP30.16 billion; PHP18.49 billion went to the National Government, PHP7.36 billion to socio-civic projects, PHP1.94 billion to franchise tax and PHP340.05 million to casino host cities.
