The Philippine Amusement and Gaming Corporation (PAGCOR) reported a strong start to 2025 with a 11.2 % increase in total revenue from Q1 2024, reaching ₱28.07 billion. Notably, online gambling** contributed 56% of that income, totaling ₱14.32 billion in the quarter [oai_citation:1‡World Casino News](https://news.worldcasinodirectory.com/philippines-slot-machine-market-faces-sharp-decline-after-pogo-ban-118346?utm_source=chatgpt.com) [oai_citation:2‡iGB](https://igamingbusiness.com/finance/quarterly-results/pagcor-revenue-rises-q1/?utm_source=chatgpt.com).
This surge signals a continued shift toward licensed digital casino platforms in the Philippines, especially following the government's crackdown on offshore POGO operations. As brick-and-mortar VIP slots decline, local online platforms are capturing the market share.
In the wake of the 2024 ban on Philippine Offshore Gaming Operators (POGOs), regulated online casinos and e-wallet payments via GCash and Maya are gaining traction. These licensed platforms now account for the majority of gaming activity in the country.
With Q1 growth already surpassing expectations, industry analysts are projecting total annual revenue of up to ₱450–480 billion by end-2025, driven primarily by mobile slot usage and digital payments. This aligns with PAGCOR chairman Alejandro Tengco’s forecast following the 2024 record of ₱350 billion [oai_citation:3‡Reuters](https://www.reuters.com/world/asia-pacific/philippines-expects-gambling-revenues-jump-again-2025-after-hitting-record-last-2025-02-26/?utm_source=chatgpt.com).
• Licensed online operators continue to benefit from stricter regulation over rogue platforms.
• The share of digital gaming in PAGCOR’s income stream continues to grow.
• The mobile-first gambling trend is strengthening as smartphone penetration and payment service adoption rise in the Philippines.