In 2015, PAGCOR once again raised the bar on income generation when it achieved its highest revenue in its over three-decade history. (Posted: Jan. 6, 2017)
It has been four and a half years since the present administration of the Philippine Amusement and Gaming Corporation (PAGCOR) assumed leadership of the state-owned gaming firm in July 2010. Since then, PAGCOR has undergone an extraordinary evolution as one of the Philippine government's most dependable partners in nation-building.
The year 2013 highlights the agency's indispensable role in nation building through its various Corporate Social Responsibility (CSR) projects.
Featured in this year’s Annual Report of the Philippine Amusement and Gaming
Corporation (PAGCOR) are the various attractions that make the Philippines a favorite
destination among travelers around the globe. The concept illustrates the unbridled
fun, warm hospitality and countless thrills that one experience when in the Philippines.
These are the same qualities that are almost second nature to Filipinos who are at the
forefront of the country’s tourism efforts. “Pinoys” – as they are affectionately called
- have their unique qualities. The 7,107 islands in the Philippine archipelago also have
so much to offer. The friendliness of its people and the myriad natural wonders of the
country are the perfect blend that makes it truly more fun in the Philippines.
2011 -Breaking Records
The year 2011 saw the Philippine Amusement and Gaming Corporation (PAGCOR) setting new income records so high that they broke previous marks on its 25 years of winning tradition.
2010 -A Sure Bet For Progress
PAGCOR is one with the Filipino in this journey. Under the Aquino administration, PAGCOR hopes to be a dynamic partner of our government in changing the course of Philippine history towards national development and progress.
2009 -9 Years of Winning Legacy
In 2009, following another record-breaking income performance, PAGCOR alloted a significant percentage of its revenues to the government.
2008 - A Time To Build
PAGCOR's consistent performance ensured its position as one of the top-earning corporations in the country and in the Asian region, as well as the third biggest income-generating arm of government, next to the Bureau of Internal Revenue and Bureau of Customs.
2007 - Setting The Stage For World-Class Entertainment and Service
The corporation's 25-year congressional franchise, suppose to expire on July 11, 2008, has been renewed by Congress for another 25 years, or until July 11, 2033, under Republic Act 9487, which was signed into law by President Gloria Macapagal-Arroyo on June 20, 2007.
2006 - With You No Matter Where You Are!
PAGCOR produces its highest earnings yet in its 24-year existence, with a total income of P25.38 billion.
2005 - What Champions Are Made Of
PAGCOR earns an outstanding total annual income of P23.4 billion, which is 6.8 percent higher than the P21.90 billion recorded in 2004.
2004 - Beyong Gaming
P19.43 billion posted in 2003. Record-breaking revenues were attributed partly to the resurgent political and economic climate brought about by the success of the 2004 elections.
2003 - Breaking Barrier For Global Growth
Despite the adverse effects on the economy of the Severe Acute Respiratory Syndrome (SARS), terrorist threats and the war in Iraq which resulted in a 2.3% dip in foreign visitor arrivals in the Philippines, PAGCOR was able to generate a total income of P19.43 billion in 2003, bringing to 15.10% the compounded annual growth rate over the past 17 years from 1987 to 2003.
2002 - A Time of Extraordinary Achievement
PAGCOR posts an annual income of P20.21 billion, the highest in its 20-year history and exceeds by 15.75 % the P15.46 billion income earned in 2001. The casino in Tagaytay is unveiled at its new building and site. President Arroyo approves the Master Plan for the Entertainment City in Roxas Boulevard and includes it in her eight-point priority list of projects which she will finish before the end of her term.