Gaming Operations Drive PHP59 Billion in Revenue
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 14% year-on-year increase in total revenue for the first half of 2025, reaching PHP59 billion ($1.03 billion). Gaming operations and license fees were the main drivers, contributing PHP53.4 billion ($932 million) — nearly 91% of total revenue.
Non-gaming services brought in PHP5.7 billion ($99.8 million). The rise in earnings coincided with PHP214.8 billion ($3.76 billion) in gross gaming revenue (GGR) across the country during the same period.
Government Contributions and Public Programs
PAGCOR raised PHP38.1 billion ($667 million) for nation-building initiatives, up 20% from the same period in 2024. Of this:
- PHP25.36 billion ($444 million) went to the National Treasury, including
- PHP12.7 billion ($223 million) to PhilHealth, under the Universal Healthcare Law
- PHP30 million ($525,000) to the Dangerous Drugs Board
PAGCOR also paid:
- PHP2.7 billion ($47 million) in franchise taxes
- PHP7.9 billion ($138 million) to socio-civic programs
- PHP1.3 billion ($23 million) to the Philippine Sports Commission
- PHP341 million ($6 million) to local governments hosting Casino Filipino branches
- PHP269.2 million ($4.7 million) in corporate income tax
- PHP157.35 million ($2.75 million) to the Renewable Energy Trust Fund
- PHP109.2 million ($1.91 million) to the Board of Claims
Sharp Rise in Net Income
PAGCOR’s net income grew by 64.3%, reaching PHP10.8 billion ($189 million), up from PHP6.6 billion ($116 million) in H1 2024.
Chairman and CEO Alejandro H. Tengco commented:
“Our first-half performance reaffirms PAGCOR’s role as a vital government partner… We remain focused on strengthening our regulatory framework to ensure revenues from regulated gaming benefit the public good.”
