📢 Philippines🇵🇭: how the gambling market is evolving after the reduction in licensing fees

📢 Philippines🇵🇭: how the gambling market is evolving after the reduction in licensing fees

What internal and external factors are currently shaping the industry's development? Here is an overview.

💡 Taxes: it is worth noting that as of January 1, 2026, the share of gross revenue from live sports betting was reduced from 17.5% to 15%. The rate for online betting remains twice as high; however, it was also reduced a year earlier from 35% to 30%.

💡 Supervision and regulation: the Philippine Amusement and Gaming Corporation (PAGCOR) currently serves as both operator and regulator of the gambling sector. However, as its casinos are privatized, its role will gradually focus exclusively on regulation.

💡 Player preferences: basketball remains the country's most popular sport, with PBA and NBA schedules playing a significant role in gambling promotions. Boxing, driven by the legacy of Manny Pacquiao, continues to attract strong interest whenever Filipino athletes compete. Meanwhile, interest in football continues to grow thanks to European leagues.

💡 Payment methods: the leading licensed payment providers are GCash and Maya.

💡 Geopolitical context: according to PAGCOR, gross gaming revenue (GGR) could decline by as much as 19% this year because geopolitical tensions in the Middle East and related inflation have increased consumer caution and weakened demand. In addition, last year's removal of electronic wallet integration with gambling platforms also affected market performance.

💡 Regional context: the Asia-Pacific online gambling market is expected to reach USD 20.91 billion this year and USD 23.58 billion by 2034, with a projected compound annual growth rate of 12.77%. Tourism growth, particularly from China🇨🇳, is expected to remain one of the main drivers, making it especially relevant for the Philippines.

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