Philippines online gaming revenues surpass US$2 billion for first time ever in first half of 2025

30 July 2025 at 5:17am UTC-4
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The Philippines gaming industry recorded combined gross gaming revenues of PHP214.75 billion (US$3.71 billion)1 PHP = 0.0173 USD
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in the first six months of 2025, buoyed by the ongoing rise of the domestic online gaming (egames) sector which surpassed US$2 billion for the first time ever, according to latest information from PAGCOR.

Having announced last week that GGR from the Philippines licensed casino sector had reached PHP93.4 billion (US$1.61 billion)1 PHP = 0.0173 USD
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in H1 2025, PAGCOR revealed Tuesday that the egames sector – composed of egames, e-bingo and bingo grantees – generated gaming revenues of PHP114.83 billion (US$1.98 billion)1 PHP = 0.0173 USD
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between January and June, representing 53.47% of all GGR.

The Philippines’ industry-wide GGR of PHP214.75 billion (US$3.71 billion)1 PHP = 0.0173 USD
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in H1 was up 26% year-on-year and, based on previously released information, suggests gaming revenues hit PHP110.63 billion (US$1.91 billion)1 PHP = 0.0173 USD
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in the June 2025 quarter, up 6.3% sequentially. Licensed casinos comprised 43.4% of the first half total.

PAGCOR-operated casinos added PHP6.56 billion (US$113 million)1 PHP = 0.0173 USD
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, representing 3.1% of the overall industry performance, the regulator said.

In comments accompanying the Philippines’ H1 2025 GGR results, PAGCOR Chairman and Chief Executive Alejandro Tengco acknowledged recent moves to better regulate online gaming.

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“PAGCOR recognizes the earning potential of the egames sector, but as the country’s gaming regulator, our foremost responsibility is to ensure that growth comes with accountability,” he said.

“Our role goes beyond revenue generation; and as partners of the government in nation-building, we are committed to always strike a balance between enabling industry expansion and ensuring it aligns with responsible gaming standards.

Tengco noted that his agency recently signed a Memorandum of Understanding with the Ad Standards Council to strengthen the monitoring of gambling-related advertisements across all platforms and recently ordered the takedown of all gambling ads in public spaces and primetime TV by 15 August this year.

“These efforts are part of our broader mission to ensure that online gambling is not only well-regulated but also aligned with public interest,” he explained.

Recent calls for online gaming to be banned nationwide were not mentioned by Philippines President Ferdinand Marcos Jr in his state of the nation address on Monday.

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