Philippiines: Record 1H gross gaming revenues, PAGCOR informed

Consequently, the strong revenue stream enabled the agency to increase its contributions to nation-building to Php38.1 billion, up 20% from the Php31.8 billion CNB in the same period last year, according to PAGCOR Chairman and CEO Alejandro H. Tengco.

“Of our total CNB, Php25.36 billion was remitted to the National Treasury as the mandated government share,” the PAGCOR chief said. “From that government share, Php30 million was remitted to the Dangerous Drugs Board while half of the remaining amount – around Php12.7 billion – was the PhilHealth share.”

Mr. Tengco said that under the Universal Healthcare Law or Republic Act No. 11223, half of PAGCOR’s remittances to the National Treasury go to the Philippine Health Insurance Corporation to help provide Filipinos with equitable healthcare access.

“If the current pace continues, our UHC contribution could reach Php25 billion by yearend, enough to provide Php10,000 worth of healthcare assistance to over 2.5 million Filipinos,” Mr. Tengco said.

“This is the kind of impact we strive for: turning revenues from regulated gaming into direct public benefit.”

Bulk of PAGCOR’s revenues came from gaming operations and license fee shares amounting to Php53.4 billion while Php5.7 billion came from other related services and non-gaming income.

Revenues from gaming alone jumped 17.7% year-on-year driven primarily by the strong performance of licensed digital platforms and land-based casinos.

PAGCOR also paid Php2.7 billion in franchise taxes to the Bureau of Internal Revenue while Php7.9 billion went to its socio-civic initiatives including the President’s Social Fund.

The Philippine Sports Commission, another major recipient of PAGCOR’s revenues, got Php1.3 billion in share for the period.

PAGCOR likewise remitted Php269.2 million in corporate income tax, while local government units hosting Casino Filipino branches got Php341 million.

Other beneficiaries include the Board of Claims which received Php109.2 million and the Renewable Energy Trust Fund got Php157.35 million.

Meanwhile, PAGCOR’s net income rose to Php10.8 billion in the first half of 2025, marking a 64.3% increase from Php6.6 billion in the same period last year, according to Mr. Tengco.

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