PAGCOR provides government with P2.6million in 2018

PAGCOR provides government with P2.6million in 2018

By site_editor

January 7 2019: Asia Gaming Brief reports that the state-owned gaming regulator, Philippine Amusement and Gaming Corp (PAGCOR) remitted a total of P2.6 billion to the government last year, according to a statement by the  Department of Finance (DOF) on Sunday.

According to the DOF, dividends collected from government-owned and controlled corporations (GOCCs) hit a record P40.2 billion in 2018 – representing a 32 percent jump from P30.5 billion reached in 2017.

PAGCOR was one of the top contributors to this, along with the Civil Aviation Authority, Bangko Sentral ng Pilipinas and the Philippine Ports Authority.

 

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