{"id":17802,"date":"2026-07-31T08:30:00","date_gmt":"2026-07-31T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=17802"},"modified":"2026-07-31T06:49:51","modified_gmt":"2026-07-31T11:49:51","slug":"pagcor-plunges-26-6-and-igaming-revenue-collapses","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/pagcor-plunges-26-6-and-igaming-revenue-collapses\/","title":{"rendered":"PAGCOR plunges 26.6% and iGaming revenue collapses"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The <strong>Philippine Amusement and Gaming Corporation \u2014PAGCOR\u2014<\/strong> generated <strong>PHP43.32 billion (US$705 million)<\/strong> between January and June 2026, representing a <strong>26.64% year-on-year decline<\/strong> from PHP59.05 billion during the same period in 2025. The results were released on <strong>July 30<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Revenue from gaming operations, the Philippine regulator\u2019s primary financial source, fell <strong>27.11%<\/strong>, from PHP53.40 billion to <strong>PHP38.92 billion (US$633 million)<\/strong>. The largest blow came from eGames, eBingo and bingo grantees; the segment contracted <strong>41.85%<\/strong>, declining from PHP32 billion to <strong>PHP18.60 billion (US$303 million)<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"822\" height=\"332\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses2.png\" alt=\"\" class=\"wp-image-17804\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses2.png 822w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses2-300x121.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses2-768x310.png 768w\" sizes=\"auto, (max-width: 822px) 100vw, 822px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"895\" height=\"506\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses3.png\" alt=\"\" class=\"wp-image-17805\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses3.png 895w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses3-300x170.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses3-768x434.png 768w\" sizes=\"auto, (max-width: 895px) 100vw, 895px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Privately operated licensed casinos recorded a narrower <strong>3.85% decline<\/strong>, while venues directly operated by PAGCOR under the Casino Filipino brand fell <strong>8.67%<\/strong>. The state corporation simultaneously operates casinos, regulates the industry and issues gaming licences.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"568\" height=\"238\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses4.png\" alt=\"\" class=\"wp-image-17806\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses4.png 568w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses4-300x126.png 300w\" sizes=\"auto, (max-width: 568px) 100vw, 568px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Chairman and CEO <strong>Alejandro H. Tengco<\/strong> 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.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"777\" height=\"210\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses5.png\" alt=\"\" class=\"wp-image-17807\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses5.png 777w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses5-300x81.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses5-768x208.png 768w\" sizes=\"auto, (max-width: 777px) 100vw, 777px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The digital segment also absorbed the impact of <strong>Memorandum M-2025-029<\/strong>, issued on <strong>August 14, 2025<\/strong>, by the Bangko Sentral ng Pilipinas, headed by <strong>Eli M. Remolona Jr.<\/strong> The order gave financial institutions 48 hours to remove direct links to gambling platforms from their applications.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"890\" height=\"385\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses6.png\" alt=\"\" class=\"wp-image-17808\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses6.png 890w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses6-300x130.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses6-768x332.png 768w\" sizes=\"auto, (max-width: 890px) 100vw, 890px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Net operating income decreased <strong>35.05%<\/strong> to <strong>PHP31.75 billion (US$518 million)<\/strong>, while net income plunged <strong>85.29%<\/strong> to <strong>PHP1.58 billion (US$25.7 million)<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"898\" height=\"430\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses7.png\" alt=\"\" class=\"wp-image-17809\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses7.png 898w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses7-300x144.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/pagcor-plunges-26-6-and-igaming-revenue-collapses7-768x368.png 768w\" sizes=\"auto, (max-width: 898px) 100vw, 898px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">PAGCOR transferred <strong>PHP2.01 billion<\/strong> to the Philippine Sports Commission, an increase of 58.68%, following the judicial order requiring it to remit 5% of gross income under <strong>Republic Act No. 6847<\/strong>. Public contributions totalled <strong>PHP30.16 billion<\/strong>; 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Amusement and Gaming Corporation \u2014PAGCOR\u2014 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. <\/p>\n","protected":false},"author":1,"featured_media":17803,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[2323,57,5037,15,624,2452,2345,105],"class_list":["post-17802","asia","type-asia","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-asia","tag-casinos","tag-casinos-online","tag-gambling","tag-igaming","tag-pagcor","tag-philippines","tag-sports-betting","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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