PAGCOR Reports 64% Income Surge, Boosts Healthcare Funding
PAGCOR reports a remarkable 64.3% increase in net income for H1 2025, reaching P10.8 billion. Strong gaming revenues boost healthcare funding and social development initiatives.
PAGCOR headquarters in Manila showcasing the agency's commitment to regulatory excellence and social development
Gaming Regulator Posts Strong First-Half Performance
The Philippine Amusement and Gaming Corp. (PAGCOR) announced a significant 64.3% increase in net income, reaching P10.8 billion for the first half of 2025, compared to P6.6 billion in the previous year. This remarkable growth was primarily driven by gaming operations and license fee collections.
In a statement reminiscent of recent governmental regulatory discussions, PAGCOR Chairman and CEO Alejandro H. Tengco emphasized their commitment to strengthening the regulatory framework for public benefit.
Revenue Growth and Gaming Operations
The agency's total revenue reached P59 billion by end-June, marking a 14% increase from P51.8 billion year-on-year. Gaming operations and license fee shares contributed P53.4 billion, while P5.7 billion came from other services and non-gaming income.
Similar to how emerging markets navigate regulatory frameworks, PAGCOR's success demonstrates the importance of balanced oversight in the gaming sector.
Healthcare and Social Development Impact
The agency's contributions to nation-building increased by 20% to P38.1 billion, with P25.36 billion remitted to the Treasury. Notably, P12.7 billion was allocated to PhilHealth, supporting the Universal Healthcare Law implementation.
This focus on public welfare echoes recent initiatives for enhanced public safety and emergency preparedness across various government sectors.
Key Beneficiaries and Allocations
- Philippine Sports Commission: P1.3 billion
- Franchise taxes to BIR: P2.7 billion
- Socio-civic programs: P7.9 billion
- Corporate income tax: P269.2 million
- Local government units: P341 million
"If the current pace continues, our UHC contribution could reach P25 billion by yearend, enough to provide P10,000 worth of healthcare assistance to over 2.5 million Filipinos," stated Chairman Tengco.