The Philippine gross gaming revenues (GGR) slightly declined in the third quarter of 2025 to P94.51 billion from P94.61 billion recorded a year earlier.
The industry is adjusting to online gaming reforms and tighter rules on digital payments, according to the state-run Philippine Amusement and Gaming Corporation (PAGCOR).
Electronic games (e-Games) remained the strongest segment, rising 17.4 percent to P41.95 billion from P35.71 billion year-on-year. However, the e-Games growth stemmed mainly from strong July 2025 numbers, with revenues in August and September declining following the mandatory delinking of e-wallets from legitimate gaming platforms.
PAGCOR chairman and chief executive Alejandro Tengco said the drop reflected an industry adjusting to necessary safeguards.
“The delinking of e-wallets resulted in a short-term decline in activity toward the latter part of the quarter,” Tengco said.
“However, these measures are vital to protect players and ensure secure, transparent transactions,” he said.
Tengco also cautioned that while legitimate operators strictly comply with the new rules, illegal online gaming sites continue to expand aggressively, putting players at risk of data theft and fraud.
He urged the public to avoid illegal sites and to engage only with PAGCOR-licensed platforms.
Outside e-Games, all other gaming segments reported lower earnings in the third quarter.
Licensed casinos fell 10.2 percent from P50.72 billion to P45.56 billion. PAGCOR-operated casinos recorded an 11.6 percent decline from P3.64 billion to P3.22 billion. Bingo revenues slid 16.2 percent from P4.52 billion to P3.79 billion.
PAGCOR said that in terms of GGR share, licensed casinos brought in 48.2 percent, followed by e-Games which contributed 44.4 percent.
PAGCOR-operated gaming venues generated 3.4 percent and bingo operations accounted for 4 percent of GGR during the quarter.
Despite the downward trend in some gaming segments, Tengco expressed confidence the industry would regain momentum as players adapt to new e-wallet protocols and authorities strengthen enforcement against illegal gambling portals.
 hit P94.51 billion in Q3 2025, a slight dip, as the industry adjusted to new online gaming reforms and the mandatory delinking of e-wallets.){kind=link}