Philippines gaming revenue could return to, or even surpass, pre-pandemic levels by 2026

Revenue for the Philippine gaming industry is expected to go back to -or even surpass- its pre-pandemic levels in 2026 as player confidence slowly returns to the sector, said Daniel Cecilio, licensing and regulatory chief of state-run regulator
Philippine Amusement and Gaming Corp (Pagcor).

As reported by Reuters, the senior regulatory official stated that, even though pandemic-related lockdowns are over, “bringing back the confidence of players is hard.” That is why the market’s full recovery is expected to arrive in 2026. GGR might reach PHP 256 billion ($4.6 billion) or better by that date, with land-based casinos contributing about PHP 146 billion ($2.6 billion).

The regulator’s projections mirror the recovery path of neighboring gambling hubs such as Singapore and Macau, the latter reeling from Beijing’s strict zero-COVID strategy.

Source: https://www.yogonet.com/international//news/2022/07/26/63576-philippines-gaming-revenue-could-return-to–or-even-surpass–prepandemic-levels-by-2026