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Philippines GGR to grow 15% this year, driven by domestic mass: Maybank
The Philippines' gross gaming revenue is expected to grow ‘at least 15 percent’ this year, following record-breaking 2023.
Increasing pressure for exiting from FATF grey list adds uncertainties to Philippines GGR growth
The Philippines' gross gaming revenue (GGR) growth is "still filled by the regulatory framework," Daniel Cheng told AGB on the sidelines of the ASEAN Gaming Summit.
Philippines GGR expected to reach $6 billion in 2024, says Tengco
The Philippine Amusement and Gaming Corporation (PAGCOR) anticipates a surge in GGR to reach PHP 336.38 billion ($6 billion) this year, driven by the growth of E-Games and the establishment of new integrated resorts.
Philippines GGR could reach at least $10 billion in full year 2027 says Scott Feeney
The Philippines’ Gross Gaming Revenue (GGR) will increase to at least $10 billion in the full year 2027, according to estimates from GCG Gaming Advisory Services.
Philippines gaming industry generates $1.24 billion GGR in 3Q23
The gross gaming revenue (GGR) for the casino sector in the Philippines during the third quarter totaled PHP68.8 billion ($1.24 billion), marking a 20.1 percent yearly increase. This figure is slightly higher than the PHP67.4 billion ($1.22 billion) reported in 2Q23.
Philippine authorities “not as aggressive” in catching POGO suspects due to logistics
The Philippine Justice Secretary has called the round-up of Philippine Offshore Gaming Operator (POGO) suspects a ‘logistical nightmare’.
Philippines aims to double GGR by 2028: PAGCOR Chairman
PAGCOR’s Chairman is aiming to double the nation’s gross gaming revenue by 2028, leveraging new products and an increase in tourism arrivals, including punters from China.
Philippine industry GGR tops $1.2 billion in 2Q23
The second-quarter industry gross gaming revenue (GGR) in the Philippines totaled PHP 67.4 billion ($1.2 billion), slightly down by 1.3 percent from the previous quarter but up by 28.3 percent yearly.
Philippine DOJ gives green light for Commission of Audit to review POGOs’ GGR
The Philippines’ Department of Justice (DOJ) has given the green light to the nation’s Commission of Audit (COA) to review the gross gaming receipts of Philippine Offshore Gaming Operators (POGOs), as the nation’s regulatory body is still looking to find an independent third-party auditor.
The Philippines’ GGR to grow 15 percent this year: Maybank
Analysts at Maybank say that the Philippines’ gross gaming revenue (GGR) in 2023 could increase 15 percent over the medium term, “driven by domestic demand”, maintaining their positive outlook for the country’s gaming growth.
