The Philippine Amusement and Gaming Corporation (PAGCOR) has reported net income for the first nine months of 2025 of PHP 14.32bn (US$245m), marking a 49% increase from the PHP 9.63bn recorded during the same period last year.
From January to September, total revenues reached PHP 84.09bn, up 5.87% year-on-year. Of this, gaming operations contributed PHP 75.93bn, while related services and other income generated PHP 8.16bn.
PAGCOR Chairman and CEO Alejandro Tengco said the performance reflects the agency's renewed commitment to good governance, digital transformation and responsible gaming.
"Our financial performance is a clear reflection of PAGCOR's renewed focus on governance, digital transformation and sustainable operations," Mr Tengco said.
The agency's total contributions to nation-building (CNB) climbed 11% to PHP 54.26bn from PHP 48.88bn in the same period last year. Two-thirds of this, amounting to PHP 36.06bn, went to the National Government, in accordance with Presidential Decree 1869. This allocation includes funding for the Dangerous Drugs Board and PhilHealth.
PAGCOR also remitted PHP 3.79bn in franchise taxes and PHP 609.87m in corporate income taxes to the Bureau of Internal Revenue. An additional PHP 11bn was allocated for socio-civic projects, including remittances to the President's Social Fund.
Mr Tengco reaffirmed that PAGCOR remains committed to aligning its financial growth with public service. "Every peso that PAGCOR earns goes back to the people through classrooms, health facilities, disaster response programs and community projects," he said.
The Philippine Sports Commission received its mandated 5% share worth PHP 1.80bn, an 8.66% rise from last year, while athletes and coaches who achieved success in international competitions were granted PHP 26.54m under the Sports Incentives and Benefits Act
