PAGCOR Chairman and Chief Executive Officer Alejandro H. Tengco linked the weaker result to lower electronic gaming revenue and broader economic pressures affecting consumer activity. Electronic Gaming Records Largest DeclineRevenue from eGames, eBingo and bingo grantees fell 41.85% to PHP18.60 billion. PAGCOR’s first-half figures followed an earlier warning that Philippine gross gaming revenue could fall by as much as 19% during 2026. The electronic gaming decline remained the main factor behind PAGCOR’s reduced operating revenue. Its financial results indicate that future earnings will depend partly on whether electronic gaming activity recovers after the substantial first-half reduction.