{"id":777003010,"date":"2023-03-06T12:55:02","date_gmt":"2023-03-06T15:55:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777003010"},"modified":"2026-04-23T00:04:05","modified_gmt":"2026-04-23T03:04:05","slug":"philippines-ggr-up-13-5-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippines-ggr-up-13-5-for-q4","title":{"rendered":"Philippines GGR up 13.5% for Q4"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Philippine casinos generated gross gaming revenue of just over PHP46.01bn (US$1.02bn) in the fourth quarter of 2022.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">The Philippines.- Authorities in The Philippines have revealed gross gaming revenue in the fourth quarter of the year was&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/philippines-ggr-up-110-4-for-q3\" target=\"_blank\">up 13.5 per cent quarter-on-quarter<\/a>&nbsp;from PHP49.36bn (US$860.7m) to PHP46.01bn (US$1.02bn). The figure was <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/philippines-ggr-up-21-7-for-q4\" target=\"_blank\">up 96.2 per cent on year-on-year terms<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Private casino resorts<\/strong>, including those located in Manila\u2019s Entertainment City, produced about 78.7 per cent of all GGR (PHP44.06bn). This was up by 15.2 per cent quarter-on-quarter. Revenue from bingo, electronic games parlours and e-sabong is not included in casino GGR figures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Commercial casinos in the <strong>Clark Freeport Zone <\/strong>generated nearly PHP6.78bn, an increase of 11.3 per cent from the preceding quarter. Aggregate revenue from PAGCOR-operated casinos reached just above PHP4.80bn, up 4.3 per cent quarter-on-quarter. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Non-VIP table games GGR increased by 1.1 per cent, reaching PHP1.79bn, while mass-market slot GGR fell by 1.2 per cent quarter-on-quarter to PHP2.34bn. Total casino GGR for the entire year reached PHP184bn, an increase of 90.6 per cent compared to the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Entertainment City&#8217;s casino resorts generated GGR of nearly PHP146.21bn, accounting for 79.5 per cent of all industry GGR, while PAGCOR-operated sites reached PHP15.79bn, with more than half coming from mass-market slot machines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/manila-to-ease-covid-19-restrictions-from-tomorrow\" rel=\"noreferrer noopener\">easing of capacity restrictions<\/a>&nbsp;in November 2021 contributed to the industry&#8217;s growth in the final quarter of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Philippine casinos generated gross gaming revenue of just over PHP46.01bn (US$1.02bn) in the fourth quarter of 2022.<\/p>\n","protected":false},"author":176,"featured_media":18526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine gaming sector reported robust growth, with Q4 2022 gross gaming revenue (GGR) reaching PHP46.01bn (US$1.02bn), marking a 96.2% year-on-year increase. Full-year 2022 GGR surged to PHP184bn, driven primarily by private casino resorts in Entertainment City and the easing of capacity restrictions. While non-VIP table games saw modest growth, mass-market slot GGR experienced a slight decline quarter-on-quarter.","focusai_entities":"PAGCOR","focusai_location":"The Philippines, Manila, Clark Freeport Zone, Entertainment City","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.7), operator_casino (0.98), marketing_crm (0.75), investor_analyst (0.99), supplier_vendor (0.9), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Mass Market Performance","query":"What specific operational or competitive dynamics led to the quarter-on-quarter decline in mass-market slot GGR, and how are operators adjusting their product and marketing strategies for this critical segment?"},{"label":"Growth Sustainability Drivers","query":"Beyond the post-pandemic recovery, what underlying economic indicators or policy initiatives are anticipated to sustain the robust GGR growth observed in the Philippines through 2023 and beyond?"}],"footnotes":""},"categories":[157,158,16333],"tags":[23907],"class_list":["post-777003010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777003010"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003010\/revisions"}],"predecessor-version":[{"id":777003045,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003010\/revisions\/777003045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18526"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777003010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777003010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777003010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}