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Market · Philippines · Fri 30 Oct · 1 min read

PAGCOR's e-gaming drag is now a crisis number

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What happened

41 billion, is not a soft patch: it is a structural contraction driven by e-gaming weakness that has now persisted long enough to define the year. The POGO shutdown removed a significant revenue floor, BSP deposit friction pushed licensed online market share from roughly 75% to around 50%, and the illegal market has absorbed the difference.…

Sources: GGRAsia

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