The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 49 percent jump in net income for the first three quarters of 2025, reaching P14.32 billion from P9.63 billion in the same period last year.
Total revenues from January to September rose to P84.09 billion, a 5.87 percent increase from P79.43 billion. Gaming operations remained PAGCOR’s primary growth driver, contributing P75.93 billion, while other related services and income accounted for P8.16 billion.
PAGCOR Chairman and CEO Alejandro H. Tengco said the strong performance underscores the positive results of the agency’s reforms and modernization programs.
“Our financial results reflect PAGCOR’s renewed commitment to good governance, digital transformation, and the promotion of sustainable and responsible gaming,” Tengco said.
PAGCOR’s total contributions to nation-building grew by 11 percent to P54.26 billion, compared to P48.88 billion a year ago.
Of this amount, about two-thirds or Php36.06 billion went to the National Government, as mandated by Presidential Decree 1869. This share includes allocations for the Dangerous Drugs Board and the Philippine Health Insurance Corporation (PhilHealth).
The agency also remitted P3.79 billion in franchise taxes and P609.87 million in corporate income taxes to the Bureau of Internal Revenue (BIR).
PAGCOR allocated P11 billion for its socio-civic projects, including remittances to the President’s Social Fund. These funds help finance classroom construction, health facilities, and various community programs.
The Philippine Sports Commission (PSC) received its mandated 5 percent share worth P1.80 billion, an 8.66 percent increase from the same period last year. Filipino athletes and coaches who excelled in international competitions were also awarded P26.54 million in incentives under the Sports Incentives and Benefits Act.
Other beneficiaries include the Board of Claims, which received P142.42 million, the Renewable Energy Trust Fund with P201.47 million, and host cities of Casino Filipino branches, which collectively received P508.20 million.
Every peso goes back to the people
Tengco reaffirmed PAGCOR’s commitment to align its growth with the nation’s development goals.
“Every peso that PAGCOR earns goes back to the people through classrooms, health facilities, disaster response efforts, and other community projects,” he said. “We aim to sustain this momentum while ensuring the gaming industry continues to operate responsibly and contribute to national progress.”