The Philippine Amusement and Gaming Corporation (PAGCOR) has projected that gross gaming revenue (GGR) for the Philippine gaming sector will remain flat in 2026. This projection stems from a cautious outlook due to the stagnation in the recovery of tourism, which is a significant driver of casino revenues. Despite ongoing casino developments, particularly in Entertainment City, the gaming regulator notes that the broader market has yet to experience a notable uplift in revenues. This cautious stance underscores the challenges the industry faces in capitalizing on tourist activity as travel demand stabilizes rather than grows rapidly. PAGCOR’s forecast reflects a prudent approach to the gaming market’s near-term potential, balancing ongoing investments in gaming infrastructure against the prevailing economic and tourism recovery conditions in the Philippines.