Philippines National Treasury Collects PHP12.67 Billion from PAGCOR Funds
No More Boundaries: A Fresh Take on PAGCOR's Excess Funds
By: Lucas "The Maverick" Dunn05/15/2025 09:04 World Photo by Pexels, CC0 1.0
Unleashing the Excess: A Closer Look
It seems that PAGCOR, the Philippine Amusement and Gaming Corporation, is taking things to the next level! By exceeding its legal mandate by a whopping 25%, these guys are shuttling more coins than expected to the treasury. But where's all this extra dough heading? Infrastructure, healthcare, and education, apparently.
Lucas is a New Jersey-born and raised copywriter on a mission. His content dominates casino, software provider, and game reviews, news, and blogs. With more than six years of professional writing experience under his belt, Lucas has conquered clients from the US, the UK, New Zealand, Australia, South Africa, and Canada. Before he dived into gambling content, Lucas embarked on a bachelor's degree in psychology at Rutgers University. To keep things interesting, he also picked up painting, following in his father's footsteps. Nowadays, Lucas works full-time as a wordsmith (and a brush-wielder on occasion).
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Dive Deeper
Recent discussions unveiled that PAGCOR might be pouring its extra earnings into healthcare more than initially anticipated. Now, advocacy groups have taken the matter to court with a Supreme Court petition pleading for quarterly remittances from PAGCOR and PCSO to PhilHealth, the country's state health insurer.
This petition highlights ongoing debates about guaranteeing funds intended for universal healthcare coverage (UHC). The petition also calls for the establishment of special accounts in the national treasury to secure that these funds are directed solely to PhilHealth's pockets, suggesting that the excess remittances intended for infrastructure, healthcare, or education projects are expected to flow into the healthcare sector, but they might be facing challenges in distribution and management[1].
As of now, it seems the limelight is shining on legal and administrative aspects, such as the execution of quarterly remittances to PhilHealth and resolving budgetary and subsidy concerns[1]. Regrettably, clear information on how the excess remittance beyond the legal mandate is specifically dispersed for infrastructure, healthcare, or educational projects remains elusive.
In essence, although PAGCOR has a legal commitment to remit funds for infrastructure, healthcare, and education, the ongoing focus appears to revolve around ensuring correct remittance and administration of these funds, particularly in the healthcare sector, with no explicit clues on how any extra cash beyond the legal mandate is presently used[1].
- In the article, it's suggested that PAGCOR's excess funds might find a significant portion in slot machines and online casinos if they decide to invest in gaming entertainment for the growing online gambling market, as Lucas Dunn's expertise lies in reviewing and reporting on online casinos, software providers, and game reviews.
- If PAGCOR decides to explore new financial avenues, venturing into online businesses like slot machine gaming and other digital forms of entertainment might be a lucrative source of revenue, considering the global online casino market growth and the convenience it provides, aligning with the innovation and in-depth knowledge that Lucas Dunn brings to the gambling content landscape.
