Philippine Gambling Industry on Track for Record $6.03 Billion Revenue
The Philippine gambling industry is poised to reach unprecedented heights in 2024, with revenues projected to exceed PHP 350 billion (USD 6.03 billion). This figure, announced by Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro Tengco, marks a 23% increase from 2023’s gross gaming revenue (GGR) of PHP 285 billion. The projection also surpasses PAGCOR’s 2024 target […]
The Philippine gambling industry is poised to reach unprecedented heights in 2024, with revenues projected to exceed PHP 350 billion (USD 6.03 billion). This figure, announced by Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro Tengco, marks a 23% increase from 2023’s gross gaming revenue (GGR) of PHP 285 billion. The projection also surpasses PAGCOR’s 2024 target […]
