PAGCOR agreed to provide the National Bureau of Investigation with PHP50 million to support its operations against illegal gambling and costs linked to detained POGO workers. The first PHP25 million tranche was handed over when the agencies signed their agreement, PAGCOR said.
The funding supports NBI operations against illegal gambling and expenses associated with detained POGO workers.
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PAGCOR chairman and CEO Alejandro H. Tengco said the Governance Commission for Government-Owned or -Controlled Corporations was expected to submit a recommendation on separating PAGCOR’s regulatory and casino-operating functions in August. Tengco said the Office of the President would study the proposal, with an executive order expected by the end of the year; PAGCOR also expects gaming activity to improve in the second half of 2026.
PAGCOR remitted PHP5.67 billion in dividends to the Philippine government for fiscal year 2025, the agency said. The payment represented 50% of its 2025 income and ranked fifth among contributions from 50 government-owned and controlled corporations.
PAGCOR said its revenue fell 5% in 2025 to PHP106.03bn, from PHP111.72bn in 2024, as land-based casino income declined and offshore gaming was removed from the revenue mix. Electronic and online gaming revenue rose 9% to PHP53.33bn, while net income increased 4% to PHP17.47bn.
PAGCOR chairman and chief executive Alejandro H. Tengco outlined the Philippines’ online gambling reforms at ICE Barcelona 2026. Measures include tighter identity checks, responsible-gambling tools, advertising controls and payment restrictions; PAGCOR also said it had completed the ban on Philippine Offshore Gaming Operations by the end of 2024 and was separating its regulatory and commercial functions.
The Philippine government said it would assess allegations of a conflict of interest involving PAGCOR chairman and chief executive Alejandro H. Tengco based on evidence about procurement procedures and any direct links to contract awards. Palace press officer Claire Castro said no formal anomalies had been documented; Tengco denies involvement and says he divested his interests in Nationstar Development Corp. in 2022.