The Philippine Amusement and Gaming Corporation (PAGCOR) projects gross gaming revenue (GGR) from the electronic gaming sector to reach PHP160 billion (US$2.75 billion) in 2025. This bullish forecast underscores the regulator’s growing confidence in the sector’s rapid digital shift.
In 2024, the e-Games segment consistently drove the strongest GGR growth. PAGCOR data revealed that from January to September, electronic gaming operations generated nearly PHP89.08 billion. This performance marked a staggering 502.8% surge compared to the same period in 2023. Moreover, the third quarter alone delivered PHP35.71 billion in GGR—a 464.38% year-on-year increase that further cemented e-Games as the top-performing vertical.
PAGCOR Chairman and CEO Alejandro Tengco highlighted the transformative impact of mobile technology and digital infrastructure on the industry’s future. He asserted, “The future of gaming will be online,” pointing to how digital platforms are reshaping user behavior and operator strategies.
To accelerate this momentum, PAGCOR introduced a key policy change that took effect on January 1. The regulator reduced remittance rates for both online and on-site betting platforms, aiming to make operations more sustainable and profitable. Specifically, electronic gaming operators now remit only 30% of their revenue, while integrated resorts that offer e-Gaming benefit from a reduced 25% rate to help offset the costs tied to their physical infrastructure.
Notably, this move followed an earlier adjustment in April 2024, when PAGCOR lowered the license fee—based on revenue share—to 35%. This significant decrease from the 50%+ fee imposed in 2022 has made the Philippine market far more attractive to both new and returning operators.
Because of these reforms, PAGCOR reported a sharp increase in sector participation. Dozens of service providers have already applied for accreditation, registering their gaming systems and content with the agency. Simultaneously, more operators have acquired gaming licenses, which has expanded access to legal electronic and virtual gaming across the country.
PAGCOR firmly believes these developments will continue driving growth into 2025. The regulator also emphasized that increased revenues from the e-Games boom will directly support broader national development programs, further demonstrating the sector’s growing importance in the Philippine economy.
