Philstar
PAGCOR profit jumps 49% to P14.3 billion
The Philippine Amusement and Gaming Corporation (PAGCOR) announced a significant 49 percent increase in its net income, reaching P14.32 billion during the first nine months of 2025.
This financial growth occurred despite a reported "sharp decline" in income starting August 2025, attributed partly to issues with online gambling platforms and e-wallets.
PAGCOR's total revenues for the period amounted to P84.09 billion, a 5.87 percent rise from the previous year, with gaming operations being the largest contributor.
The state gaming regulator's contribution to nation-building also saw an 11 percent increase, totaling P54.26 billion, with a substantial portion allocated to the national government.
Mandated beneficiaries such as the Philippine Sports Commission, the Renewable Energy Trust Fund, and the Board of Claims also received significant allocations from PAGCOR's funds.
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