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PAGCOR projects P117-B revenue in 2025 amid online gambling surge
Business World Philippines
|August 21, 2025
THE Philippine Amusement and Gaming Corp. (PAGCOR) expects to generate P116.65 billion in revenue this year, propelled by the rapid growth of online gambling and intensified government action against illegal platforms.
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About P62 billion to P65 billion of the total will come from the online gaming sector, representing 60% of the agency’s total projected collections, PAGCOR Chairman Alejandro H. Tengco told congressmen at a budget hearing on Wednesday.
The regulator collected about P37 billion from digital betting platforms in the first seven months of the year. Last month, it said it generated P59 billion in the first half.
"Revenue from online gaming has steadily increased since 2021 and grew exponentially in 2024," he told a House of Representatives committee on appropriations hearing in Filipino.
He also noted that cumulative collections from licensed online gambling firms since 2021 have reached P155 billion, with annual contributions rising from P6 billion in 2021 to P49 billion in 2024, and a projected minimum of P60 billion for 2025.
Dit verhaal komt uit de August 21, 2025-editie van Business World Philippines.
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