{"id":9062,"date":"2025-05-06T04:05:31","date_gmt":"2025-05-06T04:05:31","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/06\/pagcor-reports-higher-q1-revenue-with-e-games-leading\/"},"modified":"2025-05-06T04:05:31","modified_gmt":"2025-05-06T04:05:31","slug":"pagcor-reports-higher-q1-revenue-with-e-games-leading","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/06\/pagcor-reports-higher-q1-revenue-with-e-games-leading\/","title":{"rendered":"PAGCOR Reports Higher Q1 Revenue with E Games Leading"},"content":{"rendered":"<div>\n<p>The Philippine Amusement and Gaming Corporation (PAGCOR) recorded strong earnings growth in the first quarter of 2025, driven mainly by the expanding electronic gaming segment. The state-run body continues to meet government targets while also cutting costs and boosting its contributions to national programs.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>PAGCOR\u2019s Q1 2025 revenue beat the government target by 4.45%.<\/strong><\/em><\/li>\n<li><em><strong>E-games and e-bingo were responsible for over half of gaming income.<\/strong><\/em><\/li>\n<li><em><strong>Total national contributions grew by more than 21% year on year.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Electronic games and e-bingo have become PAGCOR\u2019s biggest money-makers. These segments pulled in PHP14.32 billion during Q1 2025, accounting for 56% of total gaming-related income. Casinos, both licensed and directly run by PAGCOR, brought in a combined PHP11.2 billion.<\/p>\n<p>Total revenue reached PHP28.07 billion ($502.9 million), which marks an 11.2% increase compared to the same quarter last year. Most of that amount \u2014 PHP25.53 billion \u2014 came from gaming operations and license fees.<\/p>\n<h2>Spending goes down, income goes up<\/h2>\n<p>Expenses dropped from PHP7.36 billion last year to PHP6.22 billion this quarter, reflecting a 15.5% reduction. At the same time, net income climbed to PHP4.22 billion, up 23% year on year.<\/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<p>PAGCOR Chairman and CEO Alejandro H. Tengco credited the results to a focus on fiscal control.<em> \u201cThis solid performance reflects PAGCOR\u2019s commitment to responsible governance and fiscal discipline,\u201d<\/em> Tengco said.<\/p>\n<h2>Contributions to national programs<\/h2>\n<p>Beyond revenue and profit, PAGCOR also raised its contributions to public funds. Total national contributions for Q1 came in at PHP18.9 billion, showing a 21.5% rise from 2024.<\/p>\n<p>The agency is required by law to share a portion of its earnings with the government for social programs, infrastructure, and various public sector initiatives. Tengco highlighted that this growing contribution underlines PAGCOR\u2019s ongoing role in \u201cnation-building.\u201d<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/philippines-gaming-income-q1-2025\/\">PAGCOR Reports Higher Q1 Revenue with E Games Leading<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Amusement and Gaming Corporation (PAGCOR) recorded strong earnings growth in the first quarter of 2025, driven mainly by the expanding electronic gaming segment. The state-run body continues to meet government targets while also cutting costs and boosting its contributions to national programs. Good to know PAGCOR\u2019s Q1 2025 revenue beat the government target [&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-9062","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9062","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=9062"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9062\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}