PAGCOR recognized among top government dividend contributors

The Philippine Amusement and Gaming Corporation (PAGCOR) has been recognized as one of the country's leading contributors to Government revenues. The agency remitted PHP 5.67bn in dividends to the National Government for fiscal year 2025.

The recognition was presented during the 2026 GOCC Day celebration at Malacañang Palace, where President Ferdinand Marcos Jr. awarded PAGCOR Chairman and CEO Alejandro H. Tengco a Certificate of Recognition on behalf of the agency.

PAGCOR ranked as the fifth-largest dividend contributor among 50 government-owned and controlled corporations (GOCCs) for fiscal year 2025. The remittance was made in compliance with Republic Act No. 7656, commonly known as the Dividends Law, which requires GOCCs to remit at least 50% of their annual net earnings to the National Government.

In his keynote address, President Marcos highlighted the role of GOCCs in supporting national development, describing them as important drivers of progress, equity and opportunity. He said every peso remitted by state-owned corporations strengthens the Government's ability to fund essential public services and reflects sound governance and fiscal responsibility.

Tengco said the recognition reaffirms PAGCOR's commitment to responsible financial management and nation-building despite ongoing global economic uncertainties.

He added that the corporation remains focused on maintaining fiscal discipline while working to generate higher revenues that can be directed toward programs benefiting Filipinos.

PAGCOR plays a dual role as both the country's gaming regulator and a major revenue-generating Government corporation. Its earnings support various Government priorities through taxes, dividends and direct funding for social and infrastructure projects.

According to data from the Department of Finance, dividend collections from 50 GOCCs are expected to total PHP 147.15bn in 2026. As of July 8, the Government had already collected approximately PHP 140bn, with the remaining remittances scheduled to be completed before the end of the year.