{"id":777029691,"date":"2025-07-30T10:13:31","date_gmt":"2025-07-30T13:13:31","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777029691"},"modified":"2026-04-21T20:31:29","modified_gmt":"2026-04-21T23:31:29","slug":"pagcor-reports-net-income-increase-in-first-half-of-2025","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-reports-net-income-increase-in-first-half-of-2025","title":{"rendered":"PAGCOR reports net income increase in first half of 2025"},"content":{"rendered":"\n<p>The Philippine Amusement and Gaming Corporation&#8217;s net income rose by 64.3 per cent year-over-year.<br>\u00a0<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- The Philippine Amusement and Gaming Corporation&#8217;s (PAGCOR) net income totalled PHP10.8bn (US$188m) in the first half of 2025, up 64.3 per cent year-over-year. According to the agency, it increased its contributions to Php38.1bn, up 20 per cent from PHP31.8bn (US$552m) in the same period last year. <\/p>\n\n\n\n<p>The bulk of the revenue came from gaming operations and licence fee shares amounting to PHP53.4bn (US$928m), while PHP5.7bn (US$99) came from other related services and non-gaming income.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/07\/PAGCOR-Contributions-900x600.jpg\" alt=\"PAGCOR - 2025 contributions\" class=\"wp-image-777029699\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/07\/PAGCOR-Contributions-900x600.jpg 900w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/07\/PAGCOR-Contributions-600x400.jpg 600w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/07\/PAGCOR-Contributions-300x200.jpg 300w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/07\/PAGCOR-Contributions.jpg 1200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Photo: PAGCOR.<\/figcaption><\/figure>\n\n\n\n<p>PAGCOR chairman and CEO <strong>Alejandro H. Tengco<\/strong>, said: \u201cOf our total CNB, PHP25.36bn (US$440m) was remitted to the National Treasury as the mandated government share. From that government share, PHP30m (US$521,000) was remitted to the Dangerous Drugs Board while half of the remaining amount \u2013 around PHP12.7bn (US$221m) \u2013 was the PhilHealth share.<\/p>\n\n\n\n<p>\u201cIf the current pace continues, our UHC contribution could reach PHP25bn (US$434m) by yearend, enough to provide PHP10,000 worth of healthcare assistance to over 2.5 million Filipinos. This is the kind of impact we strive for: turning revenues from regulated gaming into direct public benefit. Our first-half performance reaffirms PAGCOR\u2019s 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.\u201d<\/p>\n\n\n\n<p>PAGCOR paid PHP2.7bn (US$46.9) in franchise taxes to the Bureau of Internal Revenue. PHP7.9bn (US$137m) went to socio-civic initiatives including the President\u2019s Social Fund, and that the Philippine Sports Commission received PHP1.3bn (US$22.6m).<\/p>\n\n\n\n<p>PAGCOR remitted PHP269.2m in corporate income tax, while local government units hosting Casino Filipino branches received PHP341m. The Board of Claims received PHP109.2m and the Renewable Energy Trust Fund, PHP157.35m.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Philippine gross gaming revenue increases in first half of 2025<\/h2>\n\n\n\n<p>Gross gaming revenue (GGR) in the Philippines totalled PHP214.75bn (US$3.74bn) in the first half of 2025, up 26 per cent from PHP171bn (US$2.98bn) in the same period in 2024. E-games represented 53.47 per cent of total GGR.<\/p>\n\n\n\n<p>According to the PAGCOR, the e-games and e-bingo segment led the market with PHP114.83bn (US$2bn) in gross revenues. Licensed casinos, including integrated resorts and brick-and-mortar casinos in Metro Manila, Clark, Cebu, La Union and Rizal, reported PHP93.36bn (US$1.65bn). PAGCOR-operated casinos generated PHP6.56bn, representing 3.06 per cent of industry GGR.<\/p>\n\n\n\n<p>For the <a href=\"https:\/\/focusgn.com\/asia-pacific\/philippines-sees-record-ggr-as-e-games-and-bingo-becomes-leading-segment\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/philippines-sees-record-ggr-as-e-games-and-bingo-becomes-leading-segment\" target=\"_blank\" rel=\"noreferrer noopener\">first quarter<\/a>, gross gaming revenue (GGR) in the Philippines was PHP104.12bn (US$1.88bn), up 27.44 per cent year-on-year.<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/01\/finance-8037839_1280-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/philippines-gross-gaming-revenue-increases-in-first-half-of-2025'>Philippine gross gaming revenue increases in first half of 2025<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The Philippine Amusement and Gaming Corporation&#8217;s net income rose by 64.3 per cent year-over-year.\u00a0<\/p>\n","protected":false},"author":218,"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":"The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 64.3% year-over-year increase in net income to PHP10.8bn for H1 2025, with total contributions rising 20% to PHP38.1bn. This performance underscores PAGCOR's significant fiscal role, with substantial remittances to the National Treasury, PhilHealth, and various socio-civic initiatives. Concurrently, the Philippines' overall Gross Gaming Revenue (GGR) surged by 26% to PHP214.75bn, primarily driven by the e-games and e-bingo segments, highlighting robust growth within the regulated gaming sector.","focusai_entities":"Philippine Amusement and Gaming Corporation, Alejandro H. Tengco, National Treasury, Dangerous Drugs Board, PhilHealth, Bureau of Internal Revenue, President\u2019s Social Fund, Philippine Sports Commission, Board of Claims, Renewable Energy Trust Fund","focusai_location":"The Philippines, Metro Manila, Clark, Cebu, La Union, Rizal","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"E-games GGR Sustainability?","query":"What specific regulatory or market factors are driving the disproportionate growth of the e-games and e-bingo segments, and what is PAGCOR's long-term strategy to sustain this GGR trajectory while ensuring responsible gaming?"},{"label":"Regulatory Framework Evolution?","query":"How does PAGCOR plan to further strengthen its regulatory framework to adapt to the rapid growth of digital gaming verticals, and what potential changes might impact B2B\/B2C licensing or operational compliance for existing and prospective operators?"}],"footnotes":""},"categories":[163,158,16333],"tags":[405],"class_list":["post-777029691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-slider-home","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029691","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\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777029691"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029691\/revisions"}],"predecessor-version":[{"id":777029718,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029691\/revisions\/777029718"}],"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=777029691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777029691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777029691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}