According to PAGCOR, the Philippine gaming industry increased its revenue by 25% in 2024 despite the continued crackdown on illegal POGO operations.
PAGCOR Chairman and CEO Alejandro Tengco credited the growth to better regulation and the rise of legitimate, licensed operators. He said shifting away from illegal POGOs has made the industry “more sustainable, dependable, and respectable.”
Focus shifts to regulated operators
Tengco stressed that the Philippines will no longer rely on revenues from unauthorized offshore sites. Instead, the focus is on supporting regulated, land-based, online gaming sites that comply with the law.
He added that stricter rules and improved supervision have helped rebuild the country’s gaming reputation. As a result, investors are returning, and growth remains steady—even without contributions from banned operators.
PAGCOR remains optimistic about reaching its targets for 2025, proving that legal and ethical operations can drive long-term success in the sector.