THE Philippine Amusement and Gaming Corp. (Pagcor) has announced that the local gaming industry's Gross Gaming Revenues (GGR) grew 37.52 percent in the third quarter to P94.61 billion from the P68.79 billion GGR year-on-year.
THE Philippine Amusement and Gaming Corp. has announced that the local gaming industry's Gross Gaming Revenues grew 37.52 percent in the third quarter to P94.61 billion from the P68.79 billion GGR year-on-year.The industry's third quarter growth was driven mainly by the Electronic Gaming sector, which increased more than five-fold, generating P35.71 billion in revenues from last year's P6.32 billion.'The Electronic Gaming sector recorded a phenomenal increase of 464.
This impressive performance is a strong indication that the use of modern technology and mobile gadgets in gaming and amusement will continue to play a pivotal role in shaping the future of gaming,' he added.Tengco said he is optimistic that the E-Games sector will continue to flourish as technology increasingly becomes integral to people's lifestyles, including shopping, gaming and entertainment.
Reports GGR Growth To P94.61B In Q3
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PH gaming sector books P94.61B revenues in Q3, up 37.52% —PAGCORLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Second leg of Pagcor photo exhibit opens at Newport MallTHE Philippine Amusement and Gaming Corp. (Pagcor) formally opened the second leg of the 2024 Pagcor Photography Contest Exhibit at The Grove at Newport Mall on Nov. 6.
Read more »
E-games drive PHL gaming GGR to P265.5 billion as of 3rd quarter | Reine Juvierre S. AlbertoELECTRONIC games continued to push up the Philippine gaming industry’s gross gaming revenues (GGR) to reach P265.54 billion as of the third quarter of 2024, nearly 80 percent of the P336 billion full-year target.
Read more »
PAGCOR’s help sought in getting foreign POGO workers to go homeLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
PAGCOR’s relief drive for Kristine-hit areas underwayState-run Philippine Amusement and Gaming Corp. (PAGCOR’s) said it launched a massive relief drive for areas affected by Typhoon Kristine, sending out an
Read more »
PAGCOR 9-month net income up to P9.63BLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »