Philippine gambling revenue seen at pre-pandemic levels by 2026

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MANILA : The Philippine gaming industry's revenue is expected to recover to its pre-pandemic position by 2026 or even overtake this level, as player confidence slowly returns to the sector, a senior regulatory official said on Tuesday.'Definitely there will be no more lockdowns but bringing back the confi

MANILA : The Philippine gaming industry's revenue is expected to recover to its pre-pandemic position by 2026 or even overtake this level, as player confidence slowly returns to the sector, a senior regulatory official said on Tuesday.

Revenue picked up to 113 billion pesos in 2021 and 39 billion pesos in the first quarter of 2022, data from the gaming regulator showed. The freewheeling Philippine gaming industry has attracted foreign and domestic companies to set up integrated casino-resorts, creating tens of thousands of jobs in the past decade.

 

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