The controversy involving local casinos in the Bangladeshi bank heist hasn’t dampened the Philippine Amusement and Gaming Corporation’s (PAGCOR) operations. In fact, the state regulator said it has exceeded its target income by almost 10 times during the first three months of 2016.

In its latest statement of income and expenses, PAGCOR said it has netted PHP1.04 billion (US$22.15 million) during the first quarter of the year—an 11 percent increase from the PHP937.62 million (US$19.97 million) it recorded for the same period in 2015.

First quarter profit for the state regulator, which also doubles as an operator, settled 899 percent above its PHP104.11 million (US$2.22 million) target for the period.

PAGCOR posted a total of PHP11.55 billion (US$246.05 million) in revenues, a spike of 13 percent from the PHP10.18 billion (US$216.87 million) collected in 2015 and its PHP10.22 (US$217.72 million) target for the first quarter of 2016.