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PAGCOR fuels Filipino athletes’ rise on the global stage

2020 Tokyo Olympics Filipino Medalists
The top Filipino athletes who made waves in the 2020 Tokyo Olympics proudly display their medals. Photo shows weightlifter Hidilyn Diaz who won the country’s first Olympic gold medal (2nd from left) with silver medal-winning boxers Carlo Paalam (extreme left) and Nesthy Petecio (3rd from left) and bronze-winning pug Eumir Marcial.


WITH its unwavering support to local sports development over the years, the Philippine Amusement and Gaming Corporation (PAGCOR) has continuously aided in the country’s resurgence as a force to reckon with in the international athletic stage.

From 2016 to 2021, the state-run gaming firm released a total of P7.84 billion in line with its mandate to support sports development.

Philsports Complex Multipurpose Arena
The upgraded Philsports Complex Multipurpose Arena (top left), the outdoor tennis court at the Rizal Memorial Sports Complex (bottom) and the new-look of Rizal Memorial Coliseum with modern facilities (top right).

Of this amount, P7.52 billion was remitted to the Philippine Sports Commission (PSC) as part of the government sports body’s income share as mandated by Republic Act (RA) 6847. Because of these remittances, PAGCOR helped fuel the training and development of athletes who made historic feats in the 30th Southeast Asian Games (SEAG) hosted by the Philippines in 2019, the 2020 Tokyo Olympics and in the 31st SEAG held in Hanoi, Vietnam this year.

Apart from its remittances to the PSC, PAGCOR has also released a total of P318.18 million to cover the retirement benefits and cash incentives to athletes and their coaches who put the country in the global sports map with their outstanding performances in major international competitions.

A huge chunk of said amount – or P38.50 million was given by the agency as cash windfall to the Filipino athletes who made history after clinching medals in the Tokyo Games. The lion’s share of the incentives went to weightlifter Hidilyn Diaz, who received a total of P15 million for winning the Philippines’ first-ever Olympic gold medal and erecting new Olympic and national records.

PH Athletes
PAGCOR contributed immensely to the preparation of athletes who participated in various international competitions like the SEA Games.

Other Filipino Olympics achievers, silver medal-winning boxers Nesthy Petecio and Carlo Paalam, each received P5 million, while fellow pugilist, Eumir Marcial, was rewarded P2 million for his bronze medal conquest in the quadrennial meet.

SEA Games PH Flag
PAGCOR’s unwavering support to local sports development is among the huge factors that contributed to the success of the Filipino athletes in the 30th SEA Games.

Likewise handed cash incentives were the triumphant athletes’ coaches and trainers, which was equivalent to their wards’ financial rewards.

With the Philippine delegation bringing home more than two hundred medals after the recently concluded 31st SEAG, PAGCOR is set to fulfill its obligation to release the cash incentives to the medalists and their coaching staff.

The grant of cash incentives to winning athletes is mandated by RA 10699, otherwise known as the National Athletes and Coaches Benefits and Incentives Act, which provides financial rewards to athletes and their coaches who win in major international sports competitions.

Also comprising PAGCOR’s cash incentives remittances from 2016 to 2021 was the P1.8 million grant released for the medal-winning athletes in the Taipei 2018 Taekwondo Championship and the P1.65 million the agency gave to the athletes and their coaches who bagged honors in the Asian Weightlifting Championship held in Uzbekistan.

We Win As One
The colorful closing ceremonies of the highly-successful 30th SEA Games that the Philippines hosted.

Besides remitting its mandated shares to PSC and cash grants to winning athletes, PAGCOR played a vital role in the successful staging of the 30th SEAG in 2019 by donating P842.50 million to the PSC for the rehabilitation of major sports facilities utilized for the Games. Among these sports facilities were the Rizal Memorial Coliseum and Ninoy Aquino Stadium inside the historic Rizal  Memorial Sports Complex in Malate, Manila and the Philsports Complex Multi-purpose Arena in Pasig City.

The state-run gaming firm also made financial contribution to the Philippine Southeast Asian Games Organizing Committee for the hosting of the biennial meet.

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