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Regulatory · Thu 30 Jul · 3 min read

PH iGaming GGR projected to drop 7%

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What happened

BusinessWorld reports that gross gaming revenue (GGR) in the Philippine iGaming sector is projected to contract by 7% following the government's crackdown on online gambling. The crackdown, which targeted POGO operations and broader online gambling activity, has removed significant transaction volume from the regulated market. The 7% figure reflects a top-line decline, not a temporary dip from a one-off event.

Why it matters

Sources: BusinessWorld Online

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