PAGCOR expects its revenue to decline 18% to nearly PHP87 billion in 2026, Alejandro Tengco said at a House budget hearing. The projection is PHP19.08 billion below 2025 revenue; PAGCOR attributed weaker gaming activity partly to e-wallet restrictions introduced in late 2025.
Operators and investors can use the forecast and reported activity changes to assess Philippine market conditions.
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PAGCOR chairman and CEO Alejandro Tengco expects government approval for a proposal separating regulation from casino operations. The report puts Casino Filipino's expected 2026 losses at PHP7bn, equivalent to $111m.
According to a report, Alejandro Tengco, PAGCOR's chairman and chief executive, is still confident the government will approve separating the regulator's regulatory activities from its casino operations. Speaking to local press at the Kaban Hotel and Casino Boracay opening this week, he said the Commission for Government-Owned or Controlled Corporations (GCG) will likely recommend the proposal to the Office of the President. Government approval is still needed for the plan to proceed.
PAGCOR has expanded its gambling exclusion programme to about 40,000 people in six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October. Approved applicants face a ban of at least one year.
PAGCOR has expanded its gambling exclusion programme to about 40,000 people over six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO, the regulator's chief said. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October, according to a report of his remarks.
PAGCOR chair and chief executive Alejandro Tengco expects the Governance Commission for Government-Owned or Controlled Corporations to recommend separating the regulator’s oversight and operating roles to the Office of the President. He said Casino Filipino’s losses could rise from about Php6 billion (US$95 million) to Php7 billion (US$111 million) by year-end 2026, citing operating costs and integrated-resort competition.
Mynt’s payment solutions revenue fell 3.7% year on year to PHP24.9 billion in the first half of 2026, according to AP Securities. The brokerage attributed the pressure to the Bangko Sentral ng Pilipinas’ requirement to remove e-wallet links to gambling sites; PAGCOR’s chairman said online gaming transactions fell about 50% after the delinking took effect in August 2025.
PAGCOR will require four integrated resorts in Manila's Entertainment City to begin converting gaming tables to smart-table technology from 1 January 2027. Chairman and CEO Alejandro Tengco said the initial requirement covers City of Dreams Manila, Okada Manila, Newport World Resorts and Solaire Resort Entertainment City, with baccarat tables first; the deadline is to start conversion, not complete it.