Key Highlights
- Metro Manila’s Entertainment City casino complex recorded PHP37.47 billion ($574.6 million) in gross gaming revenue during Q1 2026, representing an 11.1% year-over-year decline
- Nationwide gaming revenue in the Philippines contracted 15.9% to PHP87.60 billion, with electronic gaming segment experiencing the steepest decline
- Electronic gaming revenue plummeted 22.4%, emerging as the primary factor behind the industry-wide downturn
- Major operators including Bloomberry Resorts and Okada Manila both reported double-digit percentage decreases
- Regional gaming venues in Clark experienced declines, while Greenfield Zone properties bucked the trend with modest gains
Metro Manila’s Entertainment City casino district experienced a challenging opening quarter in 2026. The integrated resort area generated PHP37.47 billion in gross gaming revenue—approximately $574.6 million—during the three-month period that concluded on March 31.
This performance represented an 11.1% contraction compared to the corresponding period in 2025, based on official figures published by the Philippine Amusement and Gaming Corp.
Electronic Gaming Segment Emerges as Primary Weakness
The softness wasn’t confined to Entertainment City alone. Across the Philippine gaming industry, total revenue reached PHP87.60 billion in Q1 2026, marking a 15.9% reduction from the prior year’s first quarter.
According to PAGCOR’s analysis, the electronic gaming category bore primary responsibility for the downturn. This segment contracted 22.4% on a year-over-year basis, generating PHP39.90 billion during the January through March period.
The significant weakness in electronic gaming operations exerted substantial downward pressure on aggregate industry performance. This category’s decline represented the most influential factor contributing to the sector-wide revenue contraction.
While Entertainment City continues to represent the largest revenue source for Philippine gaming operations, the first quarter demonstrated a notable deterioration from 2025’s results.
Looking at specific operators, Bloomberry Resorts disclosed Q1 gross gaming revenue of PHP14.67 billion. This figure represented a 12.6% decrease compared to the equivalent quarter in the previous year.
According to Bloomberry’s statement, the decline stemmed predominantly from reduced performance at its main casino property. The operator didn’t break down specific gaming category contributions in its disclosure.
Okada Manila similarly experienced a challenging quarter. The integrated resort generated GGR of PHP6.47 billion through mid-April, reflecting a 17.2% year-over-year contraction.
These figures indicate that revenue pressure affected multiple Entertainment City operators rather than being isolated to a single property.
City of Dreams Shows Divergent Performance While Regional Markets Soften
City of Dreams Manila, under the operation of a Melco Resorts and Entertainment subsidiary, demonstrated a more nuanced performance profile. The property achieved enhanced EBITDA during Q1, bolstered by strengthened VIP rolling chip business.
Nevertheless, the mass-market gaming segment experienced revenue deterioration. This divergent outcome illustrates the varying dynamics affecting different casino business segments.
Beyond the capital region, Clark area gaming establishments generated PHP6.68 billion in GGR during Q1 2026. This represented a decrease from the PHP7.12 billion recorded twelve months prior.
The Clark gaming zone, developed around a converted military installation near Angeles City, hosts properties such as Hann Casino Resort. The area benefits from proximity to Clark International Airport.
Smaller operators within PAGCOR’s designated Greenfield Zone category demonstrated modest growth. These licensees, situated in provincial areas and emerging tourism destinations, produced PHP2.07 billion in GGR, advancing from PHP1.96 billion in the year-ago period.
The fiesta casino segment also contracted during the quarter. This group recorded GGR of PHP298.1 million, representing a 6.8% reduction compared to Q1 2025.
The first quarter data reveals widespread weakness throughout the Philippine gaming landscape. While Entertainment City absorbed a substantial portion of the overall decline, softness permeated the Clark region and additional market segments.
Within PAGCOR’s quarterly report, the Greenfield Zone emerged as a rare area of growth amid an otherwise challenging quarter for the broader industry.
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