PAGCOR gaming revenue increased by 32% in nine months of 2023

The Philippine Amusement and Gaming Corporation's (PAGCOR) gaming revenue for the third quarter of 2023 was PHP 51.66 billion (USD 910 million). This is stated in the financial report published by PAGCOR.

Compared to the same period last year, revenue increased by 31.9%.

Revenue for the third quarter of 2023 was Php 15.45 billion, down 16.5% from the previous quarter this year.

For the nine months of this year, PAGCOR's profit after taxes and contributions was PhP4.86 billion, up 39.7% from the same period in 2022.

As a reminder, the Philippine Amusement and Gaming Corporation (PAGCOR) acts as the regulatory body for casinos and gaming. The company authorizes and licenses gambling games including blackjack, craps, poker, slot machines and bingo. There are currently 12 casinos licensed by regulators in the Philippines, which house more than 2,300 gaming tables and about 20,000 slot machines.

PAGCOR also operates 13 of its own casinos, including Casino Filipino Midas, Casino Filipino Malate, Casino Filipino Pavilion.