Philippine gambling industry continues to decline in Q3 2026
The Philippine gambling industry's GGR fell 11.4% year-on-year to P83.72 billion in Q3 2026, driven by a 22.9% drop in electronic gaming revenue.Summary
The Philippine gambling industry recorded an 11.4% year-on-year decline in gross gaming revenue to P83.72 billion in the third quarter of 2026, primarily due to a 22.9% fall in electronic gaming revenue (including E-Bingo, E-Games, and Bingo grantees) to P35.28 billion. PAGCOR chairman and CEO Alejandro H. Tengco attributed the weakness to inflationary pressures and geopolitical uncertainties affecting discretionary spending. Licensed casinos were relatively stable, with GGR down only 0.4% to P45.38 billion, accounting for 54.2% of total industry revenue. PAGCOR-operated casinos generated P3.03 billion, a 4.8% decrease. Tengco noted that the pace of contraction moderated compared with the second quarter's 20.3% decline and affirmed continued collaboration with licensees to strengthen performance while ensuring responsible and compliant gaming operations.
(Source：Gaming Intelligence)