The Philippine Amusement and Gaming Corporation (PAGCOR) has reported impressive financial results for the first quarter of 2025, highlighting a strong focus on electronic gaming revenues. The agency’s revenues surged by 11%, totalling Php28.07bn (US$503m).
Key Points
- PAGCOR Revenues: Php28.07bn, an 11.2% increase from the previous year.
- Electronic Games and E-Bingo contributed Php14.32bn, making up 56% of gaming revenues.
- Operating expenses reduced by 15.54% to Php6.21bn.
- Net income rose to Php4.22bn, a 23% increase from the first quarter of 2024.
- Total contributions to nation-building were Php18.9bn, up 21.5% year-on-year.
Why should I read this?
If you’re interested in the gaming industry and its financial dynamics, this article is a must-read! PAGCOR’s impressive growth in electronic gaming reflects broader trends in the gaming market, particularly the shift towards digital platforms. Don’t miss out on understanding how these developments could impact the future of gaming revenue and its contributions to national projects!
