{"id":777025947,"date":"2025-05-02T10:00:22","date_gmt":"2025-05-02T13:00:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025947"},"modified":"2026-04-21T23:22:15","modified_gmt":"2026-04-22T02:22:15","slug":"pagcor-reports-rise-in-revenue-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-reports-rise-in-revenue-in-q1","title":{"rendered":"PAGCOR reports rise in revenue in Q1"},"content":{"rendered":"\n

PAGCOR’s revenue was up 11.2 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0The\u00a0Philippine Amusement and Gaming Corp (PAGCOR)\u00a0<\/strong>has shared its financial results for the first quarter of the year. It’s reported revenue of PHP28.07bn (US$502m), up 11.2 per cent\u00a0year-on-year<\/a>.<\/p>\n\n\n\n

Gaming accounted PHP25.52bn (US$457m), 56 per cent from the electronic games and e-bingo segment at PHP14.32bn (US$256m), followed by licensed casinos with PHP8.32bn (US$149m), accounting for 32.6 per cent, while PAGCOR-operated casinos contributed PHP2.88bn (US$52m) or 11.31 per cent.<\/p>\n\n\n\n

The regulator reported that operating expenses fell by 15.54 per cent to PHP6.21bn (US$111m). As a result, net income was PHP4.22bn (US$76m), up 23 per cent in year-on-year terms.<\/p>\n\n\n\n

Alejandro H. Tengco<\/strong>, chairman and chief executive officer of PAGCOR, said: “This solid performance reflects PAGCOR\u2019s commitment to responsible governance and fiscal discipline,\u201d he said. \u201cThe gains we have made in the first quarter will allow us to contribute even more to nation-building for the rest of the year.”<\/p>\n\n\n\n

He said PAGCOR would continue to innovate and strengthen regulatory oversight to ensure the agency’s revenues “directly benefit the Filipino people through its nation-building and corporate social responsibility programs.”<\/p>\n\n\n

\n
\"Alejandro
Alejandro Tengco, PAGCOR’s chairman and CEO.<\/figcaption><\/figure>\n<\/div>\n\n\n

PAGCOR’s contributions to nation-building during the period reached PHP18.9bn (US$338m). That’s an increase of 21.5 per cent from PHP15.56bn (US$279m) in the first quarter of 2024.<\/p>\n\n\n\n

See also: <\/strong>PAGCOR retains ISO 9001:2015 certification<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PAGCOR’s revenue was up 11.2 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":777008355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR reported a robust Q1 performance with total revenue up 11.2% year-on-year to PHP28.07bn, significantly driven by electronic games and e-bingo. Net income surged 23% due to increased gaming revenue and a 15.54% reduction in operating expenses. Chairman Alejandro H. Tengco emphasized the agency's commitment to responsible governance, fiscal discipline, and enhanced regulatory oversight, with substantial contributions to nation-building.","focusai_entities":"Philippine Amusement and Gaming Corp (PAGCOR), Alejandro H. Tengco","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"E-Games Growth Drivers?","query":"What specific factors or policy changes are driving the significant year-on-year growth in the electronic games and e-bingo segments, and how does PAGCOR plan to sustain this momentum?"},{"label":"Regulatory Oversight Evolution?","query":"How will PAGCOR's stated commitment to 'strengthen regulatory oversight' translate into tangible policy adjustments or enforcement actions for licensed operators in the coming quarters?"}],"footnotes":""},"categories":[163,24628,158,16333],"tags":[29,1897,225],"class_list":["post-777025947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-highlight-of-the-week","category-slider-home","category-south-east-asia-news","tag-casino","tag-igaming","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777025947"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025947\/revisions"}],"predecessor-version":[{"id":777025993,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025947\/revisions\/777025993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777008355"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777025947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}