TLDR PAGCOR’s total revenue fell 23.4% to PHP64.4 billion (US$1.01 billion) in the first nine months of 2026. Net income dropped 84.9% to PHP2.17 billion (US$34 million). eGames revenue fell 37.2% after the Central Bank ordered e-wallets to remove direct links to online gaming sites. A Supreme Court ruling now requires PAGCOR to send 5% of gross revenue to the Philippine Sports Commission, nearly double its earlier payments. PAGCOR still remitted PHP45.3 billion (US$709 million) to the government and other required obligations.
The Philippine Amusement and Gaming Corporation, known as PAGCOR, reported lower revenue and profit for the first nine months of 2026. The state-run gaming regulator said total revenue reached PHP64.4 billion (US$1.01 billion).
That figure is down 23.4% from the same period a year earlier. The drop was led by weaker earnings from electronic gaming.
Net income fell more sharply. It dropped 84.9% to PHP2.17 billion (US$34 million).
PAGCOR both regulates and runs gaming in the Philippines. It oversees licensed operators and also runs its own Casino Filipino branches.
Philippine Amusement and Gaming Corp. reported a 23.44% decline in revenues from gaming operations to P58.13 billion in the first nine months of 2026, dragged down by a sharp contraction in electronic gaming revenues. https://t.co/VkgRwlcqSg
— BusinessWorld (@bworldph) October 30, 2026
eGames Revenue Falls After Payment Rules Change
Revenue from electronic gaming, or eGames, fell 37.2% to PHP27.6 billion (US$432 million). The segment brought in PHP44.0 billion (US$689 million) during the same period in 2025.
The online sector has been under pressure since last year. The Central Bank ordered payment providers to remove direct links to online gaming sites from e-wallets. Tighter regulatory controls also affected the segment.
Electronic gaming remained PAGCOR’s largest source of gaming revenue. However, its decline was much steeper