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PAGCOR reports 5.1% revenue decline as online gaming grows

Regulation

PAGCOR reported 2025 revenue of Php106.0bn, down 5.1%, as land-based casino income weakened. Electronic and online gaming revenue rose 9.30% to Php53.3bn, while casino revenue fell 4.93% to Php31.4bn. PAGCOR said it is preparing a position paper seeking permission for licensed eGames sites to reconnect directly with e-wallet services.

The results show online gaming becoming a larger revenue source as PAGCOR considers changes to payment links for licensed sites.

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Regulation

PAGCOR expects government commission endorsement of proposed decoupling

PAGCOR chairman and chief executive Alejandro Tengco said the Governance Commission for Government-Owned and Controlled Corporations was expected to endorse PAGCOR’s proposed separation from Casino Filipino before the proposal goes to President Ferdinand Marcos Jr for consideration. Tengco also said PAGCOR planned to launch an app in the fourth quarter to help players identify legitimate online gaming platforms.

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