PAGCOR Remits ₱5.67 Billion in Dividends to National Treasury

Philippine Amusement and Gaming Corporation (PAGCOR) has remitted ₱5.67 billion in dividends to the National Treasury, highlighting the state gaming agency’s contribution to government nation-building programs.

PAGCOR officials turned over a P5.67-billion dividend remittance to the National Treasury in Pasay City.(Image: PAGCOR / San Miguel Corporation)

The remittance represents 50% of PAGCOR’s net earnings for calendar year 2025, in compliance with Republic Act No. 7656, also known as the Dividends Law, which requires government-owned and controlled corporations to remit at least half of their annual net earnings to the national government.

The latest payment brought PAGCOR’s total dividend remittances since the pandemic, or from 2022 onward, to ₱29.9 billion.

PAGCOR Chairman and CEO Alejandro Tengco said the agency remains committed to supporting government programs despite geopolitical and economic challenges.

“Even amid challenges, PAGCOR will honor its commitment to contribute meaningfully to government programs that uplift the lives of Filipinos,” Tengco said.

“Isang karangalan pa rin sa aming organisasyon na makatulong sa Bureau of the Treasury at maging katuwang ng ating pamahalaan sa paghahatid ng tulong at serbisyo sa ating mga kababayan,” he added.

The dividend check was formally received by Deputy National Treasurer Kenneth Ian Francisco during a ceremonial turnover at PAGCOR’s corporate office in Pasay City.

Francisco said PAGCOR’s contribution would provide additional fiscal resources for government initiatives.

“We congratulate and thank PAGCOR for another strong year of dividend remittance,” Francisco said.

“PAGCOR’s ₱5.67 billion dividend remittance makes available much-needed fiscal resources that will enable the national government to mitigate the effects of the global oil crisis and pursue programs geared toward meaningful economic and social transformation,” he added.