New PAGCOR Tax Rates: 15% for Sports Betting and 30% for Virtual Sports

The Philippine gaming regulator PAGCOR has reduced the tax for operators of live sports betting to 15%, while the rate for virtual sports remains at 30%, according to a recent memorandum.

The decision was made following a meeting of PAGCOR’s Board of Directors earlier this month, and the new rates will be applied retroactively from November 2025.

The 15% rate for live sports bets is a reduction from the previous 17.5%, effective since January 2025, which itself had been lowered from 22.5%.

In recent months, PAGCOR has been actively adjusting rates and fees. In December, the regulator announced that licensed online operators must pay a monthly Minimum Guaranteed Fee, which sets an effective tax rate of 30% for virtual casinos and 20% for other operators, provided they meet a minimum threshold. The law firm Arden Consult described this as a “deliberate market correction” that makes underreporting economically irrational.

Further changes to tax rates, including those for land-based operators, are currently under consideration, according to Inside Asian Gaming.

The latest adjustments to sports betting rates are based on amendments to the Regulatory Framework for Fees and Rates of Gaming Venue Operations.

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