PAGCOR on track to hit $7B GGR target amid scrutiny

The Philippine Amusement and Gaming Corp. (PAGCOR) is on track to achieve its $7 billion gross gaming revenue (GGR) target for 2025, with revenues nearly doubling over the last two years.

In the first half of 2025 alone, GGR reached $3.8 billion, while PAGCOR's own revenues stood at $1 billion.

PAGCOR Chairman and CEO Alejandro H. Tengco highlighted the significant growth in electronic gaming as a key contributor to the revenue.

Despite the positive financial outlook, the online gambling industry faces scrutiny, leading the government to consider measures such as an outright ban or increased taxation.

Finance Secretary Ralph G. Recto confirmed that the government is exploring options for online gaming taxation and policies to restrict access to these platforms.

PAGCOR also reaffirmed plans to separate the agency's regulatory and commercial roles, a move long pushed by industry stakeholders.

To enhance industry integrity and player protection, PAGCOR has implemented measures like prohibiting betting with credit cards or cryptocurrency.