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Manila Bulletin devider Business devider Trade & Industry devider Pagcor's half-year revenue jumps to ₱59 billion on record gaming income

Pagcor's half-year revenue jumps to ₱59 billion on record gaming income

Published Jul 30, 2025 04:58 pm
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a double-digit revenue increase to ₱59 billion in the first half of 2025, driven by a record ₱214.8 billion in gross gaming revenues (GGR) during the period.
More than 90 percent or the bulk of Pagcor’s revenues came from gaming operations and license fee shares totaling ₱53.4 billion, while ₱5.7 billion was generated from other related services and non-gaming income.
Gaming revenues rose 17.7 percent annually, mainly fueled by “strong performance of licensed digital platforms and land-based casinos.”
Pagcor’s net income climbed to ₱10.8 billion during the six-month period, or 64.3 percent from ₱6.6 billion a year earlier.
Latest data from Pagcor showed the Philippine gaming industry’s GGR jumped by more than half a quarter to ₱214.8 billion from ₱171 billion in the first half of the year.
The electronic games (e-games) sector remained the industry’s top performer, generating ₱114.8 billion or 53.5 percent of total GGR. Its earnings particularly came from E-Games, E-Bingo, and Bingo grantees.
Pagcor Chairman and CEO Alejandro H. Tengco said the agency’s strong revenue performance boosted its contribution to nation-building (CNB) to ₱38.1 billion, up 20 percent from ₱31.8 billion a year ago.
Tengco said ₱25.4 billion of Pagcor’s total contributions was turned over to the Bureau of the Treasury (BTr) as the government’s mandated share.
Of the government share, ₱30 million was remitted to the Dangerous Drugs Board, while about half of the remaining amount—or roughly ₱12.7 billion—went to Philippine Health Insurance Corporation (PhilHealth).
Under the Universal Healthcare (UHC) Law (RA 11223), half of Pagcor’s remittances to the BTr are allocated to PhilHealth to support wider access to healthcare for Filipinos.
“If the current pace continues, our UHC contribution could hit ₱25 billion by yearend—enough to provide ₱10,000 in healthcare assistance to more than 2.5 million Filipinos,” Tengco said, noting that the agency’s goal is “turning revenues from regulated gaming into direct public benefit.”
Pagcor paid ₱2.7 billion in franchise taxes to the Bureau of Internal Revenue (BIR) while ₱7.9 billion went to its socio-civic initiatives including the President’s Social Fund.
It also remitted ₱269.2 million in corporate income tax (CIT), while local government units (LGUs) hosting Casino Filipino branches received ₱341 million. Other beneficiaries include the Board of Claims which received ₱109.2 million and the Renewable Energy Trust Fund (RETF) received ₱157.4 million.
“Our first-half performance reaffirms Pagcor’s role as a vital government partner. We remain focused on continuously strengthening our regulatory framework to ensure that revenues from regulated gaming will continue to benefit the public good,” Tengco said.

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Philippine Amusement and Gaming Corporation (Pagcor)
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