PAGCOR Reports Record Profits for the Philippine Gaming Industry in the First Half of 2025
In the first quarter of 2025, licensed casinos reported earnings of ₱49.28 billion (about $850 million), representing 47.32% of the overall gross revenue for the industry. Alejandro H. Tengco, Chairman and CEO of PAGCOR, announced these figures during his opening remarks at the Philippine Hotel Connect 2025 forum. Of the total casino revenue, ₱16 billion (approximately $280 million) was paid to PAGCOR in licensing fees. These funds will be allocated to support social programs and bolster national economic growth.
Tengco emphasized that casinos have played a crucial role in positioning the Philippines as a competitive tourist destination. These establishments have proven their significance not only in terms of profitability but also in job creation. Additionally, casino resorts have stimulated trade and revitalized local businesses both in Manila and beyond.
Beyond licensing fees, gaming establishments provide substantial financial support to key government agencies, benefiting sectors such as healthcare, education, and defense. Tengco described this contribution as a "clear example of how tourism, hospitality, and the gaming industry serve as catalysts for national resilience and progress."
Despite the robust growth of the industry, this success has prompted increased regulatory scrutiny. Recently, the agency tightened measures by signing a memorandum with the Advertising Standards Council to enhance regulations in this area.
It is worth noting that PAGCOR has reported a significant rise in the gaming sector in the Philippines for 2025.
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