The Philippine casino sector continued growth in the fourth quarter of 2022 to generate almost PHP56.01 billion (US$1.02 billion) in gross gaming revenue (GGR) as of December 31.
This level exceeds the third quarter’s figures by 13.5 % and represents a 96.2 percent higher revenue value than the one achieved over the same period last year. Still, the figure referring to the casino industry’s revenue does not include bingo, electronic games, and “e-sabong” (online presented cock-fighting) betting operations.
This level exceeds the third quarter’s figures by 13.5 % and represents a 96.2 percent higher revenue value than the one achieved over the same period last year. Still, the figure referring to the casino industry’s revenue does not include bingo, electronic games, and “e-sabong” (online presented cock-fighting) betting operations.
