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State-owned Philippine Amusement and Gaming Corp. said over the weekend its total income in the first quarter climbed 42.6 percent to P25.24 billion from a year ago.PAGCOR said the three-month earnings put the state gaming firm on track to reach the P100-billion annual income for the year, which would be a first in its 40-year history.
69 billion came from the e-games sector while licensed casinos brought in P8.04 billion .Revenues from PAGCOR-run casinos under the Casino Filipino brand continued to slide, earning P3.7 billion or 16.62 percent of the first-quarter total. This was down from the 20.68-percent share it contributed to PAGCOR’s revenues in 2023.Offshore gaming operations contributed P860.89 million or 3.86 percent of the first-quarter total gaming income.
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