PAGCOR Revenue Falls 23% as eGaming Income Declines
The Philippine Amusement and Gaming Corporation reported weaker financial results for the first nine months of 2026, led by a sharp decline in electronic gaming revenue. Total revenue fell 23.4% year-on-year to PHP64.41 billion from PHP84.09 billion. Revenue from gaming operations dropped to PHP58.13 billion from PHP75.93 billion. Net income declined more steeply, falling 84.9% to PHP2.17 billion from PHP14.32 billion. PAGCOR Chairman and CEO Alejandro Tengco said electronic gaming was the main factor behind the downturn. “Revenues from Electronic […] The post PAGCOR Revenue Falls 23% as eGaming Income Declines appeared first on World Casino News.
The Philippine Amusement and Gaming Corporation reported weaker financial results for the first nine months of 2026, led by a sharp decline in electronic gaming revenue. Total revenue fell 23.4% year-on-year to PHP64.41 billion from PHP84.09 billion. Revenue from gaming operations dropped to PHP58.13 billion from PHP75.93 billion. Net income declined more steeply, falling 84.9% to PHP2.17 billion from PHP14.32 billion. PAGCOR Chairman and CEO Alejandro Tengco said electronic gaming was the main factor behind the downturn. “Revenues from Electronic […]
The post PAGCOR Revenue Falls 23% as eGaming Income Declines appeared first on World Casino News.
