THE Philippine Charity Sweepstakes Office (PCSO) has posted a 2.2 percent increase in its sales last year.
PCSO general manager and vice chairman Jose Ferdinand Rojas 2nd said the agency’s regular games for 2014 reached P32.3 billion, a little bit higher than the P31.6 billion in 2013.
Among the regular games are Lotto, Lotto Express (Keno) and Sweepstakes.
At the same time, the PCSO approved the allocation of P9.83 billion charges to Charity Fund in line with the Aquino administration’s thrust to alleviate poverty.
“This is the agency’s direct contribution to nation building and support to the promotion of the government’s universal health care program,” Rojas said.
By end of 2014, the PCSO approved the allocation of P5.1 billion for Charity Services.
“We accomplished and exceeded the target of P4.5 billion for charity services,” he added.
The PCSO has 42 branch offices nationwide.
“Despite the natural calamities, increase in poverty incidence and inflation that resulted in eroded incomes, the gaming public’s trust and continued patronage of our games made the agency resilient despite the challenges we faced in 2014,” Rojas said.