Philippine Gaming Revenue Drops 15.9% in First Quarter on Electronic Gaming Weakness

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TLDR Entertainment City casinos in Metro Manila generated PHP37.47 billion ($574.6 million) in Q1 2026 gross gaming revenue, down 11.1% year-on-year The broader Philippine gaming market fell 15.9% to PHP87.60 billion, driven largely by a 22.4% drop in electronic gaming revenue Bloomberry Resorts reported a 12.6% GGR decline while Okada Manila saw a 17.2% drop in the same period City of Dreams Manila showed mixed results with improved EBITDA but weaker mass-market revenue Clark-area casinos also declined, though smaller Greenfield Zone licensees posted a slight increase

The large-scale casinos in Entertainment City, Metro Manila, reported a weaker first quarter in 2026. Gross gaming revenue across the resort cluster came in at just above PHP37.47 billion, or roughly $574.6 million, for the three months ending March 31.

That figure was 11.1% lower than the same period a year ago, according to data released by the Philippine Amusement and Gaming Corp.

Electronic Gaming Drags Down the Broader Market

The decline was not limited to Entertainment City. The entire Philippine gaming industry brought in PHP87.60 billion in Q1 2026, a 15.9% decrease compared to Q1 2025.

PAGCOR pointed to the electronic gaming segment as the main driver of weakness. That category fell 22.4% year-on-year to PHP39.90 billion in the January to March window.

The drop in electronic gaming weighed heavily on the overall numbers. It was the single largest factor behind the industry-wide revenue decline.

Entertainment City remains the largest contributor to Philippine gaming revenue. But the first quarter marked a clear step down from last year’s performance.

Among individual operators, Bloomberry Resorts reported Q1 gross gaming revenue of PHP14.67 billion. That was a 12.6% decline from the same quarter in 2025.

Bloomberry said the drop was primarily caused by reduced revenue at its flagship property. The company did not


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