Philippine Amusement and Gaming Corporation. FILE PHOTO

MANILA, Philippines — The Philippine gaming industry is poised for another difficult year as tighter government rules and sluggish consumer spending curb revenue, leaving only a muted recovery in 2027, S&P Global Ratings said.

In a report, S&P projected that the country’s gross gaming revenue (GGR) would shrink 7 percent this year, reversing the 6-percent growth in 2025 and marking the second-steepest decline among seven Asia-Pacific gaming markets covered in its analysis.

READ: Philippine gross gaming revenues up 6% in 2025, driven by online platforms

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