Philippines’ iGaming Under the Spotlight: Regulation Over Prohibition
During a recent gathering at the Light & Wonder iGaming Symposium, Alejandro Tengco, the head of the Philippines Amusement and Gaming Corporation (PAGCOR), voiced critical insights regarding the potential impacts of a proposed ban on iGaming. His stance emphasizes that such a prohibition would merely push players into unregulated, underground markets.
Tengco addressed attendees in Pasay City, highlighting his belief that enhanced regulation is essential for consumer protection, rather than a blanket ban which some lawmakers advocate. This event marks a pivotal moment for the country’s rapidly evolving iGaming sector, with Light & Wonder, the nation’s first licensed iGaming content provider, poised to introduce 50 new online game titles.
The Surge of iGaming in the Philippines
The iGaming sector in the Philippines has witnessed remarkable growth, amassing PHP154.51 billion (approximately USD 2.725 billion) in gross gaming revenue last year alone—a staggering 165% increase compared to the previous year. The trend continues into 2025, with projections indicating iGaming will significantly eclipse traditional land-based gaming revenues, contributing PHP114.83 billion during the first half of the year and boosting PAGCOR’s total income to PHP59 billion.
Data from Statista for 2025 indicates a growing preference among Filipinos for online gambling due to its convenience and easy access, allowing players to engage from their homes without the need to travel to physical casinos. However, this easy access raises concerns about underage gambling, prompting legislative efforts to regulate the market more stringently.
In July, Senator Juan Miguel Zubiri proposed legislation aimed at banning all digital gambling platforms. He expressed serious concerns about the potential for online gambling to negatively impact families, comparing it to children sneaking late-night gaming sessions at the expense of household finances.
Conversely, a bill presented in the House champions enhanced oversight and accountability measures, suggesting a 10% tax on iGaming revenues to support problem gambling initiatives. This bill would also restrict advertisements, limit funding methods like e-wallets, and impose strict age verification protocols to safeguard against underage access.
Advocating for Responsible Growth
Tengco remains an ardent supporter of the iGaming industry, predicting it could reach a staggering PHP99 billion in revenue by 2027. He emphasized at the symposium that the conversation surrounding iGaming has shifted from mere growth to ensuring that this growth happens sustainably and responsibly.
“We must prioritize how we grow—safely, fairly, and sustainably,” he affirmed. Rather than embracing an outright ban that could drive players toward illegal venues—which would ultimately harm the economy by resulting in lost jobs and revenue—Tengco advocated for stricter regulatory measures.
Additionally, he highlighted ongoing reforms within PAGCOR, including plans to separate regulatory functions from its ownership of casinos. Upcoming initiatives encompass the deployment of digital platforms and AI tools aimed at enhancing player monitoring and providing a 24/7 helpline for problem gambling. This aligns with a broader objective of engaging iGaming operators in proactive compliance to ensure a protective framework for consumers.
“Through responsible growth, compliance, and transparency, we can cultivate a safer, stronger, and competitive iGaming industry in the Philippines,” Tengco concluded, underscoring the importance of a regulated environment that supports the industry while protecting the community.