Due to the boom in video games, revenue for Philippine casinos declined in the second quarter.

The Gross Gaming Revenue (GGR) of licensed casinos in the Philippines fell by 4.3%, to 49.48 billion Philippine pesos ($864 million). This follows the first quarter's GGR of 49.68 billion Philippine pesos ($867 million). Despite the declining revenue from traditional casinos, the overall gaming indu

0like·0comment2024-08-16

Philippine gaming industry hits record high, led by video games

In the first quarter of 2024, the Philippine gaming industry’s gross gaming revenue (GGR) reached 81.7 billion pesos ($1.42 billion), breaking all previous records, growing 18.5% year-on-year and 2% quarter-on-quarter. Exponential growth in the video game sector was behind GGR's perfo

0like·0comment2024-07-23

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