TLDR
- Entertainment City casinos in Metro Manila generated PHP37.47 billion ($574.6 million) in Q1 2026 gross gaming revenue, down 11.1% year-on-year
- The broader Philippine gaming market fell 15.9% to PHP87.60 billion, driven largely by a 22.4% drop in electronic gaming revenue
- Bloomberry Resorts reported a 12.6% GGR decline while Okada Manila saw a 17.2% drop in the same period
- City of Dreams Manila showed mixed results with improved EBITDA but weaker mass-market revenue
- Clark-area casinos also declined, though smaller Greenfield Zone licensees posted a slight increase
The large-scale casinos in Entertainment City, Metro Manila, reported a weaker first quarter in 2026. Gross gaming revenue across the resort cluster came in at just above PHP37.47 billion, or roughly $574.6 million, for the three months ending March 31.
That figure was 11.1% lower than the same period a year ago, according to data released by the Philippine Amusement and Gaming Corp.
Electronic Gaming Drags Down the Broader Market
The decline was not limited to Entertainment City. The entire Philippine gaming industry brought in PHP87.60 billion in Q1 2026, a 15.9% decrease compared to Q1 2025.
PAGCOR pointed to the electronic gaming segment as the main driver of weakness. That category fell 22.4% year-on-year to PHP39.90 billion in the January to March window.
The drop in electronic gaming weighed heavily on the overall numbers. It was the single largest factor behind the industry-wide revenue decline.
Entertainment City remains the largest contributor to Philippine gaming revenue. But the first quarter marked a clear step down from last year’s performance.
Among individual operators, Bloomberry Resorts reported Q1 gross gaming revenue of PHP14.67 billion. That was a 12.6% decline from the same quarter in 2025.
Bloomberry said the drop was primarily caused by reduced revenue at its flagship property. The company did not provide further detail on specific game categories.
Okada Manila also had a softer quarter. The resort posted GGR of PHP6.47 billion through mid-April, a 17.2% decline on an annual basis.
The results suggest that pressure was spread across multiple operators in the Entertainment City cluster, not concentrated in one property.
Mixed Signals From City of Dreams and Regional Casinos
City of Dreams Manila, operated by a subsidiary of Melco Resorts and Entertainment, showed a more complicated picture. The property reported improved EBITDA in Q1, supported by stronger rolling chip operations.
However, revenue from its mass-market segment declined. The mixed result reflects varying conditions across different parts of the casino business.
Outside Metro Manila, casinos in the Clark region posted GGR of PHP6.68 billion in Q1 2026. That was down from PHP7.12 billion a year earlier.
The Clark area, built around a former military zone near Angeles City, is home to properties like Hann Casino Resort. It sits near Clark International Airport.
Smaller licensees in what PAGCOR calls the Greenfield Zone posted a slight improvement. These operators, located in rural provinces and cities with tourism potential, generated PHP2.07 billion in GGR, up from PHP1.96 billion a year ago.
The fiesta casino category also saw a decline. GGR for that group came in at PHP298.1 million, a 6.8% drop from Q1 2025.
The Q1 numbers paint a picture of broad softness across the Philippine gaming market. Entertainment City bore a large share of the decline, but weakness extended to Clark and other categories as well.
PAGCOR’s data shows the Greenfield Zone was one of the few bright spots in an otherwise down quarter for the industry.
