GGR in the Philippines reaches $3 billion

For the first nine months of this year, gross gaming revenue (GGR) in the Philippines was $3 billion across all gaming sectors, according to a report published by the Philippine Amusement and Gaming Corp (PAGCOR). This is a marked increase over the performance of last year, which only recorded $2.89 billion for the entire year. The GGR for casinos was $2.61 billion, while that of electronic gaming sites, which include bingo, sports betting and electronic games, was almost $390 million.

This is the first time that PAGCOR has released GGR information for the gaming industry since it published details on the fourth quarter of 2017 earlier this year. PAGCOR’s website is absent any data that would allow for comparisons between the periods.

In a statement to the news outlet Manila Bulletin, PAGCOR Chair Andrea Domingo stated, “Our performance this year is better than expected for both the private integrated resorts and the PAGCOR-owned casinos.”

In Manila, the private-sector casino resorts recorded GGR of around $1.955 billion for the first nine months of the year. This sector includes City of Dreams Manila, Resorts World Manila, Okada Manila and Solaire Resort and Casino.