HomeIntelligenceDeep DivePAGCOR reports 14% revenue growth in 1H25, driven by gaming operations and...

PAGCOR reports 14% revenue growth in 1H25, driven by gaming operations and license fees

The Philippine Amusement and Gaming Corporation (PAGCOR) posted a 14 percent year-on-year increase in revenue for the first half of 2025, reaching PHP59 billion ($1.03 billion), according to a press release issued by the agency.

The growth was primarily fueled by income from gaming operations and license fee collections, which together accounted for PHP53.4 billion ($932 million), or nearly 91 percent of total revenue. The remaining PHP5.7 billion ($99.8 million) came from other related services and non-gaming income.

The rise in revenues coincided with PHP214.8 billion ($3.76 billion) in gross gaming revenues (GGR) across the country during the same period. This robust level of gaming activity enabled PAGCOR to raise its contributions to nation-building initiatives to PHP38.1 billion ($667 million), a 20 percent increase from PHP31.8 billion ($557 million) in the first half of 2024.

pagcor

PAGCOR Chairman and CEO Alejandro H. Tengco noted that PHP25.36 billion ($444 million) of the contribution was remitted to the National Treasury as the mandated government share. Of this amount, PHP12.7 billion ($223 million) was allocated to the Philippine Health Insurance Corporation (PhilHealth), in accordance with the Universal Healthcare Law, while PHP30 million ($525,000) was remitted to the Dangerous Drugs Board.

Alejandro H. Tengco, Chairman PAGCOR, Philippines
PAGCOR Chairman & CEO Alejandro H. Tengco

“If the current pace continues, our UHC contribution could reach PHP25 billion ($438 million) by yearend—enough to provide PHP10,000 ($175) worth of healthcare assistance to over 2.5 million Filipinos,” Tengco said.

PAGCOR also remitted PHP2.7 billion ($47 million) in franchise taxes to the Bureau of Internal Revenue and directed PHP7.9 billion ($138 million) to socio-civic programs, including the President’s Social Fund. The Philippine Sports Commission received PHP1.3 billion ($23 million) in revenue share.

PAGCOR, Casino Filipino
Casino Filipino

Other disbursements included PHP341 million ($6 million) to local government units 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, and PHP109.2 million ($1.91 million) to the Board of Claims.

Meanwhile, PAGCOR’s net income rose sharply by 64.3 percent to PHP10.8 billion ($189 million), compared to PHP6.6 billion ($116 million) during the same period in 2024.

“Our first-half performance reaffirms PAGCOR’s role as a vital government partner,” Tengco stated. “We remain focused on continuously strengthening our regulatory framework to ensure that revenues from regulated gaming will continue to benefit the public good.”

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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