The Philippine Amusement and Gaming Company (PAGCOR) has named on-line gaming as one of many authorities’s greatest income drivers in 2025.
On the similar time, PAGCOR has additionally warned in regards to the hazard of unregulated websites illegally concentrating on Filipino gamers in a report submitted to the House Committee on Games and Amusements. PAGCOR Chairman and CEO Alejandro H. Tengco highlighted that the licensed on-line gaming sector earned 69 billion Philippine pesos ($1.2 billion) in license charges between January and July 2025 alone.
Breaking that down, 41 billion Philippine pesos ($720 million) was from digital video games, whereas the opposite 28 billion Philippine pesos ($490 million) got here from diversified different on-line video games. That income funded billions into company social accountability applications and nation-building efforts throughout the nation.
“Due to its big potential, on-line gaming has change into an essential supply of funds for our nation-building commitments, together with PAGCOR’s assist for training, well being care, and neighborhood improvement,” Tengco stated.
Particularly, initiatives that benefited from the gaming income included flagship providers from PAGCOR, equivalent to constructing colleges, socio-civic facilities, wellness hubs, and e-learning areas.
“Each peso we acquire from the gaming sector interprets to significant initiatives equivalent to lecture rooms for our kids, well being applications for our folks, and protected areas for communities in instances of calamity,” Tengco stated. “That is how we be certain that gaming straight advantages Filipinos.”
The opposite aspect of the Philippines’ on-line gaming
Nonetheless, whereas the monetary beneficial properties are serving to remodel the Philippines, Tengco additionally warned in regards to the growing risk of illegal online gaming providers. He underlined that they typically goal gamers of all ages with out taking any of the regulatory safeguards into consideration.
“These unlawful websites not solely deprive the federal government of much-needed revenues but in addition expose Filipino gamers to quite a few dangers,” stated Tengco.
He went on to push for stronger enforcement towards such platforms, underlining PAGCOR’s dedication “to strengthening regulation and enforcement to make sure that solely reputable and correctly monitored operators are allowed to function”.
Readwrite has reached out to PAGCOR for additional remark.
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