PH E-Games Sector Generates P114.8-B Revenues in First Half
Manila: Gross revenues from the country’s electronic games sector (e-games) reached PHP114.83 billion in the first half of the year, the Philippine Amusement and Gaming Corporation (PAGCOR) said on Tuesday. In a statement, PAGCOR said the amount accounts for about 53.47 percent of the PHP215 billion total gross gaming revenues of the Philippine gaming industry during the period. The sector is composed of e-games, e-bingo, and bingo grantees. According to Philippines News Agency, PAGCOR recognizes the earning potential of the E-Games sector, but as the country’s gaming regulator, their foremost responsibility is to ensure that growth comes with accountability. PAGCOR