• 02/24/2019
  • 12:54 AM
League Online News
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PCSO REPORTS P59.4B PARTIAL REVENUE FOR 2018



PCSO General Manager Alexander Balutan (center) greets Health Secretary Francisco Duque III (left) and Lung Center of the Philippines executive director Dr. Vincent Balanag Jr. (right) during the launch of 19th Malasakit Center at the Lung Center of the Philippines on January 7, 2019.

Philippine Charity Sweepstakes Office (PCSO) is definitely ending the year with a bang as it reported its partial sales for 2018 of P59.4 billion, minus the Small Town Lottery (STL) sales for the month of November to December.

 

“We are very proud and happy to show you the results of our hard work. Many people tried to discredit the agency’s efforts, my leadership, especially STL, but these figures will tell you otherwise. The agency is earning and soaring high. Thanks to the trust and confidence of our gaming public,” declared PCSO General Manager Alexander Balutan.

 

In a data provided by the Gaming, Product Development and Marketing Sector headed by Assistant General Manager Arnel Casas, the partial revenues of PCSO from January to December registered a whopping P59,432,344,377.63, short of 567,655,622.37 from the P60 billion target set by the agency by the end of the year.

 

“Sa STL, baka ma-break natin ang P24 billion this year from P4.7 to 5 billion a year dati. Kasi nag-a-average na ang STL ng P2 billion a month. Tapos from original 18, meron na tayong 84 ASAs (Authorized STL Agents) nationwide, including Visayas at Mindanao. But ang biggest factor sa pagtaas ng revenue natin ay ‘yung trust and confidence ng mga tao. Nakikita nila kung magkano ang kinikita at nalalaman nila kung saan napupunta ang kinikita – sa mga taong lubos na nangangailangan,” added Balutan.

 

PCSO Charter, or RA 1169, particularly on revenue allocation, provides that the revenue of the PCSO shall be allocated to 55 percent for prize fund (payment of prizes), 30 percent for charity fund (various charity programs and service) and 15 percent as operating fund (maintenance and operating expenses).

 

Of the 59.4 billion partial gross sales, P31,902,529,360 came from Lotto and digit games, which is up by 0.13 percent compared to the same period last year; P4,397,969,030 from Keno; P21,976,880,987.63 from STL (January to October), P5,841,000 from Sweepstakes, and P1,149,124,000 from Instant Sweepstakes Ticket.

 

Of all Lotto games, Ultra Lotto 6/58 registered the highest revenue at P7,167,969,460, followed by Grand Lotto 6/55 at P2,728,871,040, Mega Lotto 6/45 at P2,657,748,020, Super Lotto 6/49 at P2,635,813,160, and Lotto 6/42 at P2,272,112,020, all from January to December.

 

As for the digit games, 3-Digit has the highest revenue at P7,223,932,630, followed by EZ2 at P6,485,531,320, 4-Digit at P474,117,200, and 6-Digit at P256,434,510.

 

Balutan also credited the success of the agency to STL, which is the second highest earning product, especially the efforts of operators, kaboes and kubradores who helped eliminate the illegal numbers game.

 

“Lahat ng illegal numbers game suertres, masiao, pares or jueteng na ‘yan ay ima-migrate natin sila para maging legal na sila. Nabawasan ng husto ang mga nag-i-illegal kaya kumita tayo ng husto. Remember from 18 naging 84 ASAs, imagine ‘yung 66 na ‘yun ang dating nag-i-iligal? Kaya maraming nagagalit sa akin na mga local government units at mga congressmen dahil talagang tinamaan sila,” said Balutan.

 

Balutan dispelled rumors that STL is being used as jueteng front. With the amount of Presumptive Monthly Retail Receipts (PMRR) being remitted by every ASAs monthly, he said that’s not possible anymore.

 

“Mahirap na itong gawin front dahil malaki na ang ibinibigay ng mga korporasyon sa atin. Kung mag-i-iligal pa sila, hindi nila makakayanan ‘yung ipinapataw nating ingreso buwan buwan. Halimbawa itong Batangas, nagbibigay ngayon ‘yan ng P124 a month. Dati, P20 million lang. Saan n’ya kukuhanin ‘yun? Kaya kailangan n’yang patigilin ‘yung nag-i-iligal sa lugar n’ya para kumita s’ya,” he explained.

 

Despite all his detractors, Balutan assured he will fight for what is right and will educate the law enforcement agency and the people as to what is illegal and through the revenues of PCSO, it can help more people in need.

 

“Ang pinakamabigat dito na kailangan talagang alagaan ay ang betting public. If not for their trust, the business is lost. Kahit maraming magalit sa akin, gagawin ko kung ano ang tama,” said Balutan.

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