The Philippine Amusement and Gaming Corporation (PAGCOR) announced its financial report for the first half of 2025, with total revenues reaching 59 billion pesos, a 14% increase year-on-year; net income jumped significantly by 64.3%, reaching 10.8 billion pesos. This performance once again consolidates PAGCOR's core position in the Philippine gaming industry.
PAGCOR pointed out that 53.4 billion pesos came from gaming operations and licensing revenues, accounting for over 90% of total revenue. The recovery of physical casinos and the rapid expansion of legal online gaming platforms are key drivers of the 17.7% year-on-year growth in gaming revenue.
Thanks to the rise in revenue, PAGCOR's financial contribution to the national treasury has also expanded. In the first half of 2025, PAGCOR paid a total of 38.1 billion pesos to the government, including:
Paying 25.36 billion pesos to the Bureau of the Treasury as the government's due share;
Allocating 30 million pesos to the Dangerous Drugs Board;
Allocating about 12.7 billion pesos to PhilHealth, providing stable funding for universal health coverage.
According to the Universal Health Care Act, half of the funds remitted to the treasury by PAGCOR will be transferred to the PhilHealth account. At the current rate, the annual contribution to health insurance is expected to reach 25 billion pesos, which can provide 10,000 pesos of medical assistance to each of 2.5 million Filipinos.
Meanwhile, PAGCOR also fulfills other public financial obligations:
Paying 2.7 billion pesos in franchise tax;
Allocating 7.9 billion pesos to support social civic projects;
Allocating 1.3 billion pesos to the Philippine Sports Commission;
Paying 269.2 million pesos in corporate income tax;
Allocating 341 million pesos to local governments where casinos are located;
Allocating 109.2 million and 157.35 million pesos respectively to the Claims Commission and the Renewable Energy Fund.
PAGCOR Chairman and CEO Alegría Fontanella Fajardo stated that this financial report once again confirms PAGCOR's position as a financial backbone of the government. In the future, PAGCOR will continue to strengthen gaming regulatory mechanisms to ensure that revenues are returned to the nation and serve the public.
