{"id":10049,"date":"2025-11-04T02:44:08","date_gmt":"2025-11-04T02:44:08","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/11\/04\/pagcor-net-income-rises-49-to-php14-3b-in-first-three-quarters-of-2025\/"},"modified":"2025-11-04T02:44:08","modified_gmt":"2025-11-04T02:44:08","slug":"pagcor-net-income-rises-49-to-php14-3b-in-first-three-quarters-of-2025","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/11\/04\/pagcor-net-income-rises-49-to-php14-3b-in-first-three-quarters-of-2025\/","title":{"rendered":"Pagcor Net Income Rises 49% to PHP14.3B in First Three Quarters of 2025"},"content":{"rendered":"<div>\n<p>he Philippine Amusement and Gaming Corp (Pagcor) reported strong financial results for the first nine months of 2025, posting PHP14.32 billion (US$243.7 million) in net income \u2014 a 48.7 percent increase year-on-year, according to the state-run gaming regulator\u2019s latest statement.<\/p>\n<hr>\n<p><strong><em>Good to Know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Pagcor\u2019s total revenue reached PHP84.1B from January to September 2025.<\/em><\/strong><\/li>\n<li><strong><em>Gaming operations contributed PHP75.94B, up 8.7% year-on-year.<\/em><\/strong><\/li>\n<li><strong><em>Expenses dropped nearly 21%, improving overall profitability.<\/em><\/strong><\/li>\n<\/ul>\n<hr>\n<p>The report highlights continued growth across the Philippine gaming sector despite new restrictions on online gambling and payment systems introduced in recent months.<\/p>\n<h2>Strong Gains From Core Gaming Operations<\/h2>\n<p>From January to September, Pagcor\u2019s total revenue climbed 5.9 percent year-on-year to nearly PHP84.10 billion, largely driven by gaming operations, which accounted for PHP75.94 billion of the total.<\/p>\n<p>Operating expenses fell sharply to just over PHP19.3 billion, down 20.9 percent from the same period last year. The regulator said the improvement reflects tighter fiscal controls and efficiency measures across its gaming and licensing divisions.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Chairman and CEO Alejandro Tengco<\/strong> said the agency\u2019s improved performance reflects its evolving approach to governance and modernization:<\/p>\n<p><em>\u201cOur financial performance is a clear reflection of Pagcor\u2019s renewed focus on governance, digital transformation, as well as sustainable and responsible gaming.\u201d<\/em><\/p>\n<h2>Rising National Contributions<\/h2>\n<p>Pagcor\u2019s contributions to nation-building programs \u2014 which include education, health, and disaster relief funding \u2014 reached PHP49.86 billion, representing a 10.9 percent increase from last year.<\/p>\n<p>The agency also paid PHP3.79 billion in franchise taxes and PHP609.9 million in corporate income taxes to the Bureau of Internal Revenue.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>E-Wallet Restrictions Hit Online Revenues<\/h2>\n<p>Despite the strong overall performance, Pagcor has faced a notable <a href=\"https:\/\/igaming.org\/casino-news\/pagcor-reports-50-drop-in-legal-gaming-after-bsp-bans-e-wallets\/\">drop of up to 50%<\/a> in income since August after the Bangko Sentral ng Pilipinas (BSP) <a href=\"https:\/\/igaming.org\/casino-news\/philippine-central-bank-suspends-gambling-access-via-e-wallets\/\">ordered<\/a> e-wallet providers to remove direct access to gambling platforms from their apps.<\/p>\n<p>Pagcor\u2019s Assistant Vice President for Offshore Gaming Licensing, Jessa Fernandez, told lawmakers that the policy caused revenue to plummet by nearly 49 percent, as many players abandoned legal online platforms due to payment barriers and new deposit requirements.<\/p>\n<p><em>\u201cNow that we are implementing an initial minimum deposit, we have also observed that more players or patrons are refusing to continue playing with legal online gaming operators,\u201d<\/em> Fernandez said during a House hearing.<\/p>\n<p>The BSP order was part of broader financial reforms aimed at separating payment systems from online gambling amid concerns about consumer protection and money flow oversight.<\/p>\n<hr>\n<h2>FAQ<\/h2>\n<h3>How much did Pagcor earn in the first nine months of 2025?<\/h3>\n<p>Pagcor posted a net income of PHP14.32 billion, up nearly 49% from the previous year.<\/p>\n<h3>Why did Pagcor\u2019s income drop after August?<\/h3>\n<p>E-wallet restrictions imposed by the central bank reduced player access to licensed online gambling sites, causing a sharp decline in online gaming revenue.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3>What are Pagcor\u2019s main sources of income?<\/h3>\n<p>Most of Pagcor\u2019s earnings come from gaming operations, including casinos, e-gaming, and regulatory fees from licensed operators.<\/p>\n<h3>What is Pagcor\u2019s stance on online gambling regulation?<\/h3>\n<p>The agency supports stricter oversight but opposes a total ban, arguing that legal online gaming is vital for public funding and economic growth.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/pagcor-net-income-rises-49-to-php14-3b-in-first-three-quarters-of-2025\/\">Pagcor Net Income Rises 49% to PHP14.3B in First Three Quarters of 2025<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>he Philippine Amusement and Gaming Corp (Pagcor) reported strong financial results for the first nine months of 2025, posting PHP14.32 billion (US$243.7 million) in net income \u2014 a 48.7 percent increase year-on-year, according to the state-run gaming regulator\u2019s latest statement. Good to Know Pagcor\u2019s total revenue reached PHP84.1B from January to September 2025. Gaming operations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10049","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10049"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10049\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}