The Philippine Amusement and Gaming Company (PAGCOR) reported a pointy rise in internet earnings for the primary 9 months of 2025, marking certainly one of its strongest performances in recent times. From January to September, the state-run gaming regulator and operator earned PHP14.32 billion, a 49 p.c enhance from the PHP9.63 billion posted throughout the identical interval in 2024.
Monetary Efficiency Strengthened by Effectivity Features
In line with PAGCOR, complete revenues reached PHP84.09 billion, representing a 5.8 p.c year-on-year enhance from PHP79.43 billion. Gaming operations remained the first income supply, producing PHP75.93 billion, whereas different providers and miscellaneous earnings contributed PHP8.16 billion.
Chairman and CEO Alejandro H. Tengco described the outcomes as a mirrored image of PAGCOR’s ongoing reforms. “Our monetary efficiency is a transparent reflection of PAGCOR’s renewed give attention to governance, digital transformation, in addition to sustainable and accountable gaming,” Tengco stated, as reported by Philippines Information Company.
Current knowledge additionally revealed that PAGCOR managed to decrease its bills by greater than 20 p.c in comparison with the earlier yr, signaling improved operational effectivity. These measures have enabled the company to strengthen its profitability regardless of a slower development price in general income.
Contributions to Nation-Constructing and Tax Compliance
In the identical interval, PAGCOR’s complete contributions to nation-building climbed 11 p.c to PHP54.26 billion, in comparison with PHP48.88 billion final yr. Of this, PHP36.06 billion was remitted to the Nationwide Authorities as required below Presidential Decree 1869.
The company additionally remitted PHP3.79 billion in franchise taxes and PHP609.87 million in company earnings taxes to the Bureau of Inside Income. An extra PHP11 billion was allotted to socio-civic initiatives, together with remittances to the President’s Social Fund.
Beneficiaries of PAGCOR’s mandated shares included the Philippine Sports activities Fee, which acquired PHP1.80 billion—an increase of 8.66 p.c—together with PHP26.54 million in incentives distributed to athletes and coaches who excelled in worldwide competitions below the Sports activities Incentives and Advantages Act.
Different recipients have been the Board of Claims, which obtained PHP142.42 million, and the Renewable Power Belief Fund, which acquired PHP201.47 million. Host cities of On line casino Filipino branches have been granted a complete of PHP508.20 million in income shares.
“Each peso that PAGCOR earns goes again to the folks via school rooms, well being amenities, catastrophe response applications, and different group initiatives. Our focus is to maintain this momentum whereas making certain that the gaming trade continues to function responsibly and contribute to nationwide growth,” Tengco added.
Whereas PAGCOR’s monetary place improved significantly, the company has confronted exterior challenges affecting its on-line gaming income. Earlier in 2025, the Bangko Sentral ng Pilipinas ordered e-wallet suppliers to sever direct hyperlinks to on-line playing platforms, leading to a notable income decline. PAGCOR’s Assistant Vice President for Offshore Gaming Licensing, Jessa Fernandez, confirmed that the regulator noticed as much as a 49 p.c drop in earnings following the central financial institution’s directive.
Regardless of these setbacks, Tengco and the company have maintained that tighter regulation, not prohibition, is the perfect path ahead for the net gaming sector. The chairman emphasised the continued significance of authorized gaming revenues in funding important providers and infrastructure initiatives nationwide.
