THE Philippine gaming sector’s revenues slipped to P94.51 billion in the third quarter of 2025, as stricter e-wallet controls and online reforms tempered electronic games’ share of the industry’s earnings.
According to the Philippine Amusement and Gaming Corporation (Pagcor), the country’s gross gaming revenues (GGR) fell 0.10 percent to P94.51 billion from July to September 2025 from the P94.61 billion in the same period last year.
‘The delinking of e-wallets resulted in a short-term decline in activity toward the latter part of the quarter,’ Pagcor Chairman and Chief Executive Officer Alejandro H. Tengco said. ‘However, these measures are vital to protect players and ensure secure, transparent transactions.’
Pagcor data showed that licensed casinos accounted for the bulk of gaming revenues, contributing P45.56 billion or 48.20 percent of the total GGR.
However, this dropped by 10.2 percent from P50.72 billion in the third quarter of 2024.
Before, the electronic games (e-games) sector-consisting of e-bingo, e-casino, sports betting and online poker, among others-made up more than half of the total GGR due to its accessibility.
Despite the stricter regulations imposed on the industry, revenues from the e-games still rose by 17.4 percent year-on-year to P41.95 billion from P35.71 billion. E-games now contributed 44.4 percent of the total GGR in the third quarter of 2025.
Tengco said the growth in the sector was mainly due to strong July 2025 figures, as revenues in August and September declined following the mandatory delinking of e-wallets from legitimate gaming platforms.
‘The figures reflect an industry that is adjusting to necessary safeguards,’ Tengco noted.
Meanwhile, Pagcor-operated casinos saw an 11.6-percent decline in revenues, down to P3.22 billion in the third quarter this year from P3.64 billion a year ago. This makes up 3.4 percent of the GGR pie.
Likewise, revenues from bingo operations slipped by 6.2 percent year-on-year to P3.79 billion from P4.52 billion, accounting for 4 percent of the GRR during the quarter in review.
Although some gaming segments posted a downward trend and adjustments in the online digital payment ecosystem take place, Tengco remains optimistic that the industry will regain momentum.
This, as players adapt to new e-wallet protocols and authorities strengthen enforcement measures against illegal gambling portals.