00:00 The Philippine Amusement and Gaming Corporation, or BAGCOR,
00:03 recorded an increase in revenues last year, reaching 79.37 billion pesos, a 34.63% rise from
00:11 2022. The surge was primarily fueled by robust earnings from licensed casinos and the growing
00:18 electronic games sector. Chair and CEO Alejandro Tengco highlighted BAGCOR's elevated contribution
00:24 to nation building and various government services. The agency remains optimistic about
00:30 sustaining this growth momentum in the coming years, signaling a full recovery
00:34 for the Philippine gaming industry from the pandemic's impact.
