The Philippine Amusement and Gaming Corporation recorded a 40% decline in iGaming revenue during the first half of 2026. The regulator attributed the drop to Middle East geopolitical tensions and reduced consumer spending linked to the US-Iran conflict.
Revenue Contraction and Regional Impact
The agency reported the sector downturn across the January through June period. PAGCOR identified broader economic instability triggered by regional conflicts as the primary driver of the financial decrease.Consumer expenditure patterns shifted as the US-Iran standoff intensified. The regulator documented a measurable reduction in digital gaming spending, which officials tied to wider market caution. PAGCOR continues to monitor sector developments through the remainder of 2026.