The Philippine Amusement and Gaming Corporation (PAGCOR) has underscored the significant contribution of the licensed online gaming sector to government revenues, while renewing warnings about the risks posed by unregulated operators. PHP69 Billion Collected in Seven Months In a report submitted to the House Committee on Games and Amusements, PAGCOR confirmed that the regulated online sector generated PHP69 billion (US$1.22 billion) in licence fees between January and July 2025. Of this, PHP41 billion came from electronic games, with PHP28 billion from other online formats. Chairman and CEO Alejandro H. Tengco stated: “Because of its huge potential, online gaming has become an important source of funds for our nation-building commitments, including PAGCOR’s support for education, health care, and community development.” He added that online gaming has become “one of the government’s biggest revenue drivers this year.” Nation-Building Programmes and CSR Projects According to PAGCOR, PHP27.47 billion of the total revenue in the…Â Read More
Category: NewsÂ
Source: Casino News Daily
