The Filipino Games industry witnessed an increase Total games revenue (GGR) in the first half of the year, reaching 214.75 billion Filipino pesos (3,729,075,509 dollars), which represents a 26 % increase over the same period last year.
One of the most powerful sectors was the electronic games sector that includes electronic games, E-Bringo, and more. According to the Filipino Games and Games (PAGCOR), this sector reached 53.47 % of GGR.
The licensed casinos, including integrated resorts, brick and mortar casinos in the Manila, Clark, Sibu, La Union, Warzal,, remained an important revenue engine.
The licensed casino category formed 43.47 % of the GGR industry. Meanwhile, the PAGCOR 6.56 billion pescoo casinoes, which represented 3.06 % of the total performance of the industry.
Pagcor repeats the need to maintain a “organizational balance”
Despite the high numbers, the CEO of Pagcor, Alejandro H TengcoHe stressed the need to maintain the organizational balance as the industry continues to develop.
“Bagkour admits the possibilities of winning the electronic gaming sector, but as a game organizer in the country, our first responsibility is to ensure that growth comes with accountability,” Tingco said.
He added: “Our role goes beyond generating revenues; as partners of the government in building the state, we are always committed to a balance between enabling the expansion of the industry and ensuring its compatibility with the criteria of responsible games.”
The Governmental Games Agency recently signed a memorandum of understanding with the ASC Advertising Council, with the aim of enhancing monitoring Advertisements for gambling Through all platforms.
This comes after he recently ordered the removal of all gambling ads in public places and on television early by August 15 this year.
“These efforts are part of our broader mission to ensure that online gambling is not only a good organization, but also in line with the public interest,” Tengco added.
in press release In exchange for the latest numbers, Bagkour says it reaffirms its focus on maintaining reforms that enhance transparency and compliance with comprehensive national industry and development.
Distinctive image: It was created by IDEOGRAM
Pamphlet Filipino game numbers are present, as electronic games reached 53 % of GGR First appear on reading.
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