The Philippine gaming industry is bracing for a downturn this year, with gross gaming revenues (GGR) projected to fall as low as P320 billion, according to a report by Philstar Biz .
The decline is attributed to the delinking order affecting e-wallets and the ongoing US-Iran war, both of which are weighing on household spending and consumer confidence. The lower end of the projection represents a significant drop from previous estimates.
Industry stakeholders are closely monitoring the situation as reduced disposable income and restrictions on digital payment methods may further squeeze the gaming sector's recovery in the coming months.