The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 5.1% decline in total revenues for 2025, falling to US$1.8 billion, driven primarily by subdued performance in the land-based casino sector. Despite challenges, online gaming and licensing segments offered partial offset, mitigating the overall revenue contraction. Analysts cite weaker domestic visitation, regulatory changes, and heightened competition as key factors affecting casino footfall.
