iGaming and E-Bingo Surpass Casinos as Leading Revenue Sources in the Philippines

For the first time, iGaming and e-bingo have emerged as the primary revenue generators in the Philippines' gambling industry, according to the Philippine Amusement and Gaming Corporation (PAGCOR).

In the quarter ending 31 March 2025, the nation's gross gaming revenue (GGR) reached PHP104.12 billion, marking a 27.44% increase compared to the same period last year. Of this total, PHP51.39 billion—or 49.36%—was attributed to the iGaming and e-bingo sectors. Licensed casinos, previously the industry's top earners, contributed 47.32% with PHP49.28 billion, while PAGCOR-operated casinos accounted for 3.31% at PHP3.45 billion.

“This represents not just revenue growth but how consumer behaviour continues to shift towards digital, on-demand gaming experiences, accelerated by greater access to mobile technology,” said PAGCOR chairman and CEO Alejandro H. Tengco.

“As digital platforms take centre stage, the Philippine gaming industry is likewise undergoing a paradigm shift. Hence, our goal as a regulator is to strike the right balance between innovation, player protection and long-term industry sustainability.”

Tengco also acknowledged a slight dip in revenues from licensed land-based casinos, attributing it to rising digital competition. However, he emphasised their continued importance to the broader industry.

“The performance of brick-and-mortar casinos remains critical to industry stability, particularly in tourism-driven hubs such as Entertainment City and Clark.”

In related developments, PAGCOR has announced plans to regulate iGaming suppliers as part of its mission to bring a wide range of business-to-business service providers under its formal supervision. This initiative aims to enhance oversight and ensure compliance within the rapidly evolving digital gaming landscape.