The Philippine Amusement and Gaming Company (PAGCOR) has named on-line gaming as one of many authorities’s largest income drivers in 2025.
On the similar time, PAGCOR has additionally warned concerning the hazard of unregulated websites illegally concentrating on Filipino gamers in a report submitted to the Home Committee on Video games and Amusements. PAGCOR Chairman and CEO Alejandro H. Tengco highlighted that the licensed on-line gaming sector earned 69 billion Philippine pesos ($1.2 billion) in license charges between January and July 2025 alone.
Breaking that down, 41 billion Philippine pesos ($720 million) was from digital video games, whereas the opposite 28 billion Philippine pesos ($490 million) got here from various different on-line video games. That income funded billions into company social accountability applications and nation-building efforts throughout the nation.
“Due to its big potential, on-line gaming has turn out to be an essential supply of funds for our nation-building commitments, together with PAGCOR’s help for training, well being care, and neighborhood improvement,” Tengco stated.
Particularly, initiatives that benefited from the gaming income included flagship providers from PAGCOR, resembling constructing faculties, socio-civic facilities, wellness hubs, and e-learning areas.
“Each peso we accumulate from the gaming sector interprets to significant initiatives resembling lecture rooms for our kids, well being applications for our folks, and protected areas for communities in instances of calamity,” Tengco stated. “That is how we be certain that gaming instantly advantages Filipinos.”
The opposite facet of the Philippines’ on-line gaming
Nonetheless, whereas the monetary beneficial properties are serving to rework the Philippines, Tengco additionally warned concerning the rising threat of unlawful on-line gaming suppliers. He underlined that they typically goal gamers of all ages with out taking any of the regulatory safeguards into consideration.
“These unlawful websites not solely deprive the federal government of much-needed revenues but additionally expose Filipino gamers to quite a few dangers,” stated Tengco.
He went on to push for stronger enforcement towards such platforms, underlining PAGCOR’s dedication “to strengthening regulation and enforcement to make sure that solely reputable and correctly monitored operators are allowed to function”.
Readwrite has reached out to PAGCOR for additional remark.
Featured picture: Wikimedia Commons, licensed below CC BY-SA 4.0
The put up On-line gaming named as one of many Phillipines’ largest income drivers in 2025 appeared first on ReadWrite.
