Summary
The Philippine gaming industry has started 2025 on a high note, with gross gaming revenue (GGR) hitting PHP104.12 billion (approximately $1.88 billion) in the first quarter. This is a significant jump of 27.44% compared to the previous year. For the first time, electronic gaming has emerged as the top revenue generator, accounting for nearly half of the total GGR, driven by changing consumer behaviours and increased access to mobile technology.
PAGCOR’s Chairman Alejandro H. Tengco pointed out that the E-Games and E-Bingo segment contributed PHP51.39 billion ($927 million), illustrating a shift towards digital gaming. Meanwhile, licensed casinos maintained a strong position, generating PHP49.28 billion. Despite slight dips in their revenue due to e-gaming competition, their performance remains crucial for industry stability.
Key Points
- Philippine gaming revenue reached PHP104.12 billion ($1.88 billion) in Q1 2025, up 27.44% year-on-year.
- E-Games and E-Bingo now lead revenue generation, contributing PHP51.39 billion ($927 million).
- Licensed casinos generated PHP49.28 billion ($889 million), representing a 47.32% share of total GGR.
- PAGCOR-operated casinos accounted for PHP3.45 billion ($62 million), only 3.31% of the total revenue.
- Consumer preferences are shifting towards digital gaming experiences, influenced by mobile technology access.
Why should I read this?
If you’re keeping an eye on the gaming landscape, this article is a must-read! With e-gaming taking centre stage in the Philippines, knowing how these shifts impact revenue and player behaviour can give you an edge in understanding the industry’s future. We’ve done the hard work of dissecting all the numbers and implications for you!
