The Philippine gross gaming revenue may rise 9.4 percent in 2018, with online casinos playing a big part in the country’s gaming growth story.

Philippine Amusement and Gaming Corporation (PAGCOR) chair Andrea Domingo estimated that the country’s gross gaming revenue will rise to PHP186 billion ($3.57 billion) with the bulk of growth coming from Philippine offshore gaming operator (POGO) licensees.

“The gross gaming revenue, our target now, is PHP186 billion. It is different from PAGCOR’s gross revenue target. From there, we will be extracting PHP 65 billion ($1.25 billion) and we will be contributing 72 percent of that [revenue] to the state coffers,” Domingo told reporters at the sidelines of the ASEAN Gaming Summit 2018 in Manila.

Domingo said PAGCOR plans to double its revenue target for POGO license holders to PHP6 billion ($115.2 million) this year from PHP3 billion ($56 million) in 2017.