PAGCOR posts P58.96 billion in revenues in 2022, up 66.16%

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PAGCOR posts P58.96 billion in revenues in 2022, up 66.16%
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State-run Philippine Amusement and Gaming Corporation (PAGCOR) saw high double-digit growth in its top line last year.

State-run Philippine Amusement and Gaming Corporation saw high double-digit growth in its top line last year.

The state gaming firm said the biggest contributor to its revenues last year was its income from gaming operations which reached P55.05 billion.

“Since the lockdowns were eased in the country last year and gaming venues reopened, customer confidence slowly returned and the attendance in our owned casinos slowly improved. Our licensed casinos likewise recorded a major revenue growth,” said Tengco.

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