PAGCOR Faces Steep Revenue Decline After Enforcement of E-Wallet Restrictions

PAGCOR Faces Steep Revenue Decline After Enforcement of E-Wallet Restrictions

Key Moments: PAGCOR reported a 49 percent decline in income over two months after e-wallet providers were ordered to sever direct links with online gambling sites. Projections for PAGCOR’s 2025 full-year income have fallen below the previously estimated Php60 billion due to earnings declines that began in August 2025. Additional regulations, including a Php 500 minimum deposit and proposed betting caps, have further influenced player activity and revenue. Steep Drop in Earnings Linked to E-Wallet Regulations The Philippine Amusement and Gaming Corporation (PAGCOR) has experienced a dramatic 49 percent reduction…

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