Diokno, BenjaminBunanig, Kathryn Joy I.Santos, Cherry Mylee N.2025-01-062025-01-062004-04-12https://selib.upd.edu.ph/etdir/handle/123456789/3948The Philippines has two major gaming corporations, the Philippine Amusement and Gaming Corporation or P AGCOR, and the Philippine Charity Sweepstakes Office or PCSO. They gain revenues from gaming operations such as casinos, and sweepstakes and lotto, respectively. The revenues are allocated to the different sectors of the country. PAGCOR's revenues mainly come from casino operations and take a big bulk since it captures foreigners as its market. As a result, the Philippine gaming industry has a strong potential to become Asia's gaming center. The revenues gained by PAGCOR has been increasing over time. Another reason for the corporation to become a big competitor for other gaming industries all over Asia. Its revenues are allocated according to the following: 5% to the BIR as franchise tax, 50 percent to the National Treasury as the National Government's mandated income share, 5 percent to the Philippine Sports Commission for financing of the country's sports development program, 1 percent of the net cash income goes to the Board of Claims, a fixed amount to cities hosting PAGCOR casinos, and the balance to the President's Social Fund. On the other hand, PCSO earns its revenues from the operation of sweepstakes and lotto. It acquires bigger sales from sweepstakes since the latter started only in 1995. However, sales over time for both games are increasing. Revenues are allocated as follows: 55% for the prize fund, 30% as contributions for the charity fund, 15% for the operating expenses and capital expenditures of the Office, and lastly, all balances shall revert to and form part of the Charity Fund, and shall be subject to disposition.enGaming revenueGamblingBettingLotteriesThesis