PAGCOR reports 23.41% revenue decline to PHP64.41bn in nine months
PAGCOR reported that total revenue fell 23.41% year on year to PHP64.41bn in the first nine months of 2026, from PHP84.09bn a year earlier. Electronic gaming revenue dropped 37.23% to PHP27.63bn, while gaming operations revenue declined 23.44% to PHP58.13bn. PAGCOR attributed the downturn mainly to weaker gaming-business earnings and said a Supreme Court ruling also affected net income through a 5% gross-revenue remittance requirement.
Operators and investors can use the weaker gaming earnings and remittance requirement to assess PAGCOR’s revenue and net income pressures.