Philippine gaming revenue exceeds one hundred billion in the first quarter, with online earnings surpassing physical casinos for the first time as the new mainstay.

The latest data released by the Philippine Amusement and Gaming Corporation (PAGCOR) shows that the total gross gaming revenue (GGR) for the first quarter of 2025 reached 104.12 billion pesos, with an annual growth rate of 27.44%, indicating a continuous recovery and rapid growth of the industry.Ale

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Morgan Stanley: Online gambling is now the largest contributor to gambling tax revenue in the Philippines.

According to data from investment bank Morgan Stanley, the Philippines' growing domestic online gambling industry has become the country's largest contributor to gambling tax revenue, with the regulatory body PAGCOR collecting 28 billion Philippine pesos (approximately $490 million) in taxes from th

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