Gymnast Carlos Yulo will receive PHP20m from PAGCOR.
The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) will award PHP20m to Carlos Yulo, a Filippine gymnast who has won two gold medals at the 2024 Paris Olympics.
Through the Republic Act (RA) 10699, also known as the National Athletes, Coaches, and Trainers Benefits and Incentives Act, Olympic gold medalists are entitled to PHP10m for each gold medal, with the funds drawn from PAGCOR’s National Sports Development Fund. Yulo’s coach and trainer, Allen Aldrin Castañeda, will receive PHP5m per gold medal.
See also: PAGCOR provides aid for Typhoon Carina victims
PAGCOR has reported that its expenses amounted to PHP15.64bn (US$266.6m) in the first half of the year. The figure was up 26 per cent compared to last year (PHP12.3bn). The regulator said actual spending had surpassed its target expenses by 20 per cent.
Personnel services expenses rose by 28 per cent to PHP7bn (US$119.3m). Maintenance and other operating expenses increased by 52.5 per cent to PHP5.3bn (US$90.4m).
Gymnast Carlos Yulo will receive PHP20m from PAGCOR. The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) will award PHP20m to Carlos Yulo, a Filippine gymnast who has won two…
Participe da IGI Expo 2026: https://igi-expo.com/
O iGaming & Gaming International Expo - IGI, é um evento inovador criado para reunir empresas e empreendedores, profissionais, investidores, dos setores de iGaming e jogos. Com foco total em networking, exposição e feira de negócios. Além de ser uma fonte inigualável de informações sobre as tendências e o futuro das indústrias nos próximos anos.
📢 Receba em primeira mão notícias relevantes e fique por dentro dos principais assuntos sobre Igaming e Esportes no Brasil e o mundo. Siga no Whatsapp!
...