The Philippine online gaming sector faced a significant market correction today as investors reacted to a new Senate bill aimed at further tightening controls on the industry. The proposed legislation suggests a more rigorous taxation framework and enhanced oversight to curb illegal operations, which has led to a cautious outlook for 2026. Major stakeholders are currently evaluating the potential impact on Gross Gaming Revenue (GGR) shares, which were recently adjusted for live sports betting from 17.5% to 15% to maintain competitiveness. Analysts suggest this volatility may persist as the government balances tax revenue needs against social concerns.
