Philippine Online Gaming Slump Deepens After Record 2025

For a while, online gaming in the Philippines looked unstoppable. In 2025, it became the biggest source of the country’s gambling revenue, pulling ahead of traditional casinos for the first time. But that story has hit some turbulence. The slowdown has now carried well into the second half of 2026. PAGCOR’s latest nine-month figures show electronic gaming revenue down more than 37% year on year, following changes to payment access and weaker consumer spending.