The Philippine gaming industry generated gross gaming revenues (GGR) of Php83.72 billion in the third quarter of 2026, down 11.41% from Php94.51 billion in the same period last year.
PAGCOR Chairman and CEO Alejandro H. Tengco said weaker electronic gaming revenues continued to weigh on overall industry performance in the third quarter.
“GGR from electronic gaming – including E-Bingo, E-Games and Bingo grantees – dropped 22.86% to Php35.28 billion from Php45.73 billion year-on-year.
“The Php10.45 billion decline accounted for the bulk of the industry’s overall revenue contraction during the period,” he said.
Mr. Tengco added that inflationary pressures and geopolitical uncertainties continued to affect consumer spending, particularly on discretionary activities.
“These conditions have affected spending on discretionary activities, including gaming, and contributed to the weaker performance of certain segments.”
Despite the decline in overall industry performance, licensed casinos remained relatively stable, generating Php45.38 billion in GGR, down just 0.40% from Php45.56 billion a year earlier.
The licensed casino segment also accounted for 54.20% of total industry revenues during the quarter, making it the largest contributor to industry GGR.
Meanwhile, PAGCOR-operated casinos generated Php3.03 billion, a 4.81% decrease from Php3.18 billion a year earlier.
Mr. Tengco noted that while industry revenues slowed down, the pace of contraction moderated compared with the second quarter, when GGR fell 20.33% year-on-year.
“We recognize the challenges facing the industry, but the slower pace of decline in the third quarter is an encouraging development.
“We will continue to work closely with our licensees to strengthen industry performance while ensuring that gaming activities are conducted responsibly and in accordance with regulatory standards,” he said.