The Philippine Amusement and Gaming Corp (Pagcor), the country’s gaming regulator, expects gross gaming revenue (GGR) from the electronic gaming segment to reach PHP160 billion (US$2.75 billion) in 2025.The estimate was made by Pagcor’s E-Gaming Licensing Department in a written reply to GGRAsia, wh
State-run Philippine Amusement and Gaming Corp (Pagcor) says the new 30-percent rate applicable to operators of electronically-delivered games – referred to as e-Games –has been effective since January 1, 2025. Thereduction in the rate ispart of the agency’s “efforts to combat illegal gaming operati
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
Since the Philippine government issued a comprehensive ban on Philippine Offshore Gaming Operators (POGO), the related industries have undergone drastic changes. The once-thriving POGO industry, which was one of the main sources of gambling revenue in the Philippines, has become a national security
The electronically-delivered games segment in the Philippines – referred to as e-Games – could contribute as much as PHP20 billion (US$356.9 million) in franchise tax this year to the country’s Bureau of Internal Revenue (BIR).Karlo Adriano, Finance Assistant Secretary, made the observation at a Phi
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