The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 49 percent increase in net income for the first nine months of 2025, reaching PHP14.32 billion ($243 million) compared to PHP9.63 billion ($164 million) a year earlier.
The profit growth significantly outpaced the 5.87 percent rise in total revenues, underscoring improved efficiency and cost management across operations.
From January to September, PAGCOR’s total revenues rose to PHP84.09 billion ($1.43 billion) from PHP79.43 billion ($1.35 billion) in the same period last year. Gaming operations remained the backbone of the agency’s income, contributing PHP75.93 billion ($1.29 billion), while other services and miscellaneous income added PHP8.16 billion ($139 million).
PAGCOR Chairman and CEO Alejandro H. Tengco said the results highlight the success of ongoing reforms. “Our financial performance is a clear reflection of PAGCOR’s renewed focus on governance, digital transformation, as well as sustainable and responsible gaming,” Tengco said.
The state-run gaming regulator also increased its total contributions to nation-building (CNB) by 11 percent to PHP54.26 billion ($922 million), up from PHP48.88 billion ($832 million) last year. Of this, roughly two-thirds—or PHP36.06 billion ($613 million)—were remitted to the National Government, as mandated by Presidential Decree 1869. This share, equivalent to half of PAGCOR’s gaming revenues minus a 5 percent franchise tax, supports national programs such as those run by the Dangerous Drugs Board and PhilHealth.
PAGCOR paid PHP3.79 billion ($64 million) in franchise taxes and PHP609.87 million ($10 million) in corporate income taxes to the Bureau of Internal Revenue. It also allocated PHP11 billion ($187 million) to socio-civic projects, including remittances to the President’s Social Fund.
The Philippine Sports Commission received PHP1.80 billion ($31 million), an 8.66 percent increase, while athletes and coaches who won in international competitions received PHP26.54 million ($451,000) in incentives. Other beneficiaries included the Board of Claims (PHP142.42 million / $2.4 million) and the Renewable Energy Trust Fund (PHP201.47 million / $3.4 million). Cities hosting Casino Filipino branches were granted PHP508.20 million ($8.6 million) in revenue shares.
Tengco reaffirmed PAGCOR’s commitment to aligning its growth with public service goals.
“Every peso that PAGCOR earns goes back to the people through classrooms, health facilities, disaster response programs, and other community projects…Our focus is to sustain this momentum while ensuring that the gaming industry continues to operate responsibly and contribute to national development.”
