THE Philippine Amusement and Gaming Corp. (Pagcor) turned over P6 billion in cash dividends to the National Treasury on April 11, 2022, bringing to P48.94 billion its total remittances for dividend years 2016 to 2021.

Pagcor's latest remittance represents the agency's declared dividends for 2021 amounting to P1.04 billion and its additional/advance cash dividends (that may be applied against future dividend obligations) worth P4.95 billion. With this contribution, Pagcor maintains its status as one of the government-owned and -controlled corporations (GOCCs) in the elite 'Billionaires' Club' or agencies that remit cash dividends of at least a billion pesos to the government.