The Philippine gaming sector grew 25% in 2024, reaching Php410 billion in Gross Gaming Revenue (GGR), even as the government cracked down on Philippine Offshore Gaming Operators (POGOs).
At the ASEAN Gaming Summit, PAGCOR Chairman Alejandro H. Tengco shared this achievement. He emphasized the agency’s focus on technology and regulation, especially with the phaseout of offshore operators. PAGCOR is now strengthening oversight on electronic gaming while taking action against illegal platforms.
Land-Based Casinos Still Lead, But E-Games Are Booming
Brick-and-mortar casinos brought in Php201 billion ($3.5 billion). But the fastest growth came from E-Games and E-Bingo, which jumped 165% year-on-year to Php154.5 billion.
A key driver of this surge is PAGCOR’s decision to reduce license fees. As of January 1, 2025, fees dropped from 50–55% to 30% of GGR. This policy attracted more operators to register and helped licensed businesses grow. By September 2024, E-Games revenue had already passed the Php100 billion target.
Bright Future Ahead
Tengco expressed optimism for continued success. “We will maintain responsible gaming and fair practices,” he said.
With a growing digital market and forward-thinking policies, the Philippine gaming industry is on track to remain strong and competitive in the coming years.
