PAGCOR Becomes Fifth-Largest Among State Firms with ₱5 Billion in Dividends

The Philippine Amusement and Gaming Corporation (PAGCOR) secured its position as the fifth-largest remitter among government-owned corporations, contributing ₱5.67 billion in dividends for 2025.

PAGCOR dividends


The Philippine Amusement and Gaming Corporation (PAGCOR) was acknowledged by President Ferdinand “Bongbong” Marcos Jr. for remitting ₱5.67 billion ($92 million) in dividends for fiscal year 2025, making it the fifth-largest remitter among 50 government-owned and -controlled corporations (GOCCs).

The recognition took place during the 2026 GOCC Day at Malacañang Palace on 8 July, where President Marcos highlighted the vital role of GOCC dividends in funding public services and strengthening government finances. 

He praised GOCCs as “paragons of progress, equity, and opportunity,” emphasizing that each peso remitted boosts the state’s fiscal health.

‘Earn the trusts of the Filipino people’

PAGCOR chairman Alejandro H. Tengco accepted a Certificate of Recognition. “You have shown that government institutions can deliver with professionalism, produce meaning results, and earn the trusts of the Filipino people,” Marcos added. This also aligned with PAGCOR’s recent replacement of gambling advertisements with new national gambling helpline promotion. 

Marcos also emphasised the adopting the dividend as proof of PAGCOR’s commitment to fiscal responsibility and nation-building despite global uncertainties. The dividend represents 50% of PAGCOR’s net income, in line with the Dividends Law (RA 7656), requiring GOCCs to remit half their annual earnings.

Total dividends from all GOCCs reached ₱147.15 billion for 2026, with ₱140 billion already collected as of 8 July. 

PAGCOR’s substantial contribution comes as Tengco said in February that “GGR will be flat primarily because as of now, we’re still looking at the effects of the (declining) number of tourist arrivals.”