Manila, Philippines, November 8, 2026. The Philippine gaming industry generated PHP83.729 billion (US$1.33 billion) in gross gaming revenue (GGR) during the third quarter of 2026, an 11.41% year-over-year decline, equivalent to approximately PHP10.78 billion, according to a report released on November 6 by the Philippine Amusement and Gaming Corporation (PAGCOR).
The electronic gaming segment, including eGames and bingo, declined 22.86%, from PHP45.73 billion to PHP35.28 billion, accounting for approximately 97% of the nationwide contraction. Licensed commercial casinos remained virtually stable, generating PHP45.383 billion, representing 54.2% of the market, while Casino Filipino recorded PHP3.029 billion, a 4.81% year-over-year decrease.
Frederick Go
Compared with the second quarter, nationwide GGR declined 5%, from PHP88.136 billion. Commercial casino revenue remained stable, while the electronic gaming segment contracted 11.38% quarter-over-quarter. Entertainment City and the National Capital Region generated PHP36.844 billion; Clark, PHP6.583 billion; Greenfield Zone, PHP1.697 billion; and Fiesta, PHP259 million.
Alejandro H. Tengco, PAGCOR Chairman and CEO, attributed the slowdown to inflationary pressures, geopolitical uncertainty, and reduced discretionary consumer spending. He noted that the year-over-year contraction had moderated from the 20.33% decline recorded in the second quarter. The Bangko Sentral ng Pilipinas (BSP), headed by Eli Remolona Jr., ordered the removal of direct gambling links from supervised financial applications on August 14, 2025, through Memorandum M-2025-029.
Wilma Eisma
PAGCOR's corporate financial report, published on October 29, recorded cumulative revenue of PHP64.41 billion between January and September, a 23.41% decline, while net income fell 84.85%, reaching PHP2.17 billion. The corporation, whose President and Chief Operating Officer is Wilma Eisma, reported government remittances and statutory obligations totaling PHP45.28 billion, including PHP27.61 billion to the National Treasury, PHP3.01 billion to the Philippine Sports Commission, and PHP11.19 billion for social programs.
Under the administration of Ferdinand Marcos Jr., the Department of Finance, headed by Frederick Go, oversees the broader fiscal framework. PAGCOR continues coordinating with the Department of Information and Communications Technology (DICT), National Telecommunications Commission (NTC), and Cybercrime Investigation and Coordinating Center (CICC) to combat illegal gambling platforms, while considering separating its regulatory responsibilities from the operation of Casino Filipino.
