Philippine GGR Drops 11.4% in 3Q 2026 to PHP83.72bn, Pagcor Says

The Philippine gaming sector produced gross gaming revenue (GGR) of PHP83.72 billion (US$1.33 billion) in the third quarter of 2026, down 11.4 percent from the prior-year period, the Philippine Amusement and Gaming Corp (Pagcor) reported on 6 November 2026. GGR fell 5.0 percent sequentially from the second quarter.

Quarter-by-quarter numbers

Pagcor said the year-on-year decline was largely driven by weaker revenues in the electronic gaming sector, which saw GGR fall 22.9 percent to PHP35.28 billion in the three months to 30 September. That segment — encompassing e-bingo, e-games and bingo grantees — accounted for circa 42.1 percent of aggregate GGR in the reporting period. Its revenue dropped by PHP10.45 billion from a year earlier, which Pagcor said accounted for the bulk of the industry's overall contraction.

The country's licensed commercial-sector casinos generated PHP45.38 billion in third-quarter GGR, down 0.4 percent year-on-year and representing circa 54.2 percent of total GGR. Pagcor-operated casinos under its network of Casino Filipino venues produced PHP3.03 billion in GGR in the three months to 30 September, a 4.8-percent decline from the prior-year period and about 3.6 percent of industry revenue.

Regulator commentary and outlook

Pagcor chairman and chief executive Alejandro Tengco attributed the weakness to inflationary pressures and geopolitical uncertainties weighing on consumer spending. He said:

"These conditions have affected spending on discretionary activities, including gaming, and contributed to the weaker performance of certain segments."

Tengco noted the pace of the year-on-year contraction moderated compared with the second quarter, when GGR fell 20.3 percent. He added:

"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."

In June, Tengco had suggested the country's GGR could decline by as much as 19 percent in 2026, citing geopolitical tensions in the Middle East and their effect on consumer spending. For regulatory context see regulation.