PRIZED PICK. Luis Villegas lands with Rain or Shine in the 2023 PBA Draft.PRIZED PICK. Luis Villegas lands with Rain or Shine in the 2023 PBA Draft.

Yeng Guiao pleased to do part for PH sports after winning long underdog battle

2026/02/20 18:58
5 min read

MANILA, Philippines – Yeng Guiao has always been an underdog.

In the PBA, he coaches one of the few independent teams, Rain or Shine, and it has been a decade since he won his last championship as the league continues to be dominated by the same clubs which have taken turns at the throne. 

Rare as the instance may be, though, underdogs find ways to win.

Guiao scored what he considers the biggest achievement of his career — in sports and in legislation — as the Supreme Court granted his petition compelling the Philippine Amusement and Gaming Corporation (PAGCOR) to remit the full amount of 5% of its gross annual income from 1993 to present to the Philippine Sports Commission (PSC) in accordance with Republic Act No. 6847. 

The Supreme Court also ordered the Philippine Charity Sweepstakes Office (PCSO) to remit to the PSC 30% representing the charity fund of the proceeds of six sweepstakes or lottery draws per year, including its lotto draws from 2006 to the present. 

Must Read

SC to Pagcor, PCSO: Remit income portion to Philippine Sports Commission

It is a monumental victory that earned Guiao the President’s Award from the Philippine Sportswriters Association as he became the first non-athlete to be bestowed the honor.

“This is my way of paying it forward. Sports has given me a good life – my family and I. It’s given me material things, wisdom, knowledge, and great experience. And for me, the best way to pay it forward was just to stake my effort and reputation to pursuing this case,” said Guiao in his captivating acceptance speech. 

Guiao filed the petition in 2016 just months before he ended his term as congressman of Pampanga’s 1st District.

He thought it was “political suicide” to go up against PAGCOR, PCSO, and the Office of the President, but the firebrand mentor known for his ferocity and gumption gritted his teeth and soldiered on in what seemed like a David-versus-Goliath battle.

It helped that Guiao had a supporting cast in his former chief of staff Mon Navarra and lawyer Jun Guzman, whom he both asked to be on stage with him during the awards night at the Diamond Hotel on Monday, February 16. 

After nearly a decade, the Supreme Court ruled in Guiao’s favor in 2024 and denied the motions for reconsideration filed by PAGCOR and PCSO in 2025. 

Guiao said he estimates that Philippine sports will benefit a total of P37 billion in accumulated funds — a staggering amount that, according to him, will raise PSC’s monthly budget from an average of P180 million to close to P500 million. 

“We shot for the moon. It was a long shot, but once in a while, you’ll hit it big. We did not actually expect that we could win this one. When we were planning it out, we thought that we could convince others to join us,” said Guiao. 

“Who is Yeng Guiao to go to the Supreme Court and ask the Supreme Court to take away billions of funds from the Office of the President? It was political suicide. If the president gets angry, you’re done. But maybe somebody had to commit political suicide so that Philippine sports can breathe some fresh air.” 

Guiao paid tribute to his late father Bren, a former governor of Pampanga, and mother Teresita, crediting his parents for his upbringing. 

“Yes, I may be strict. I may be yelling at my players. But deep inside, I’m still a kind person. And that was ingrained in me by my parents — to live a simple life, to care for others, to value competence and integrity, and to be a bulldog when you know you are right,” he said. 

“I’ve always believed that you honor your parents with the person that you become. So I’d like to honor my parents with this award.” 

Now that he has done his part, Guiao trusts the PSC, under the leadership of chairman Patrick “Pato” Gregorio, to put the funds to good use as he hopes to see more Filipino sports heroes excel on the world stage. 

“This victory is a victory for athletes of the coming generation. It’s a victory for our sports leaders. It’s a victory for our countrymen in general. I hope there will be more like Carlos Yulo, like Hidilyn Diaz, like Alex Eala, like EJ Obiena. And I will be happy and satisfied that we’ve had a small part in that,” said Guiao. 

“In a week, in a month’s time, in a year’s time, we will be forgotten. But that is not important because we did not do this to be remembered. We did this to be of service, whether we’re forgotten or not, and we know we will be. But the satisfaction that is knowing that in our own small way, we have paid it forward.”

“The best stories in the world are sports stories, are athletes stories, because they’re always authentic. You cannot fake stories of athletes,” he added. “And I’m thankful and happy that somehow, maybe I’ll be in the stories of the next generation of athletes.” – Rappler.com

Must Read

Yeng Guiao fears top draftees will soon end up with powerhouse teams, calls for PBA parity

Market Opportunity
Particl Logo
Particl Price(PART)
$0.2407
$0.2407$0.2407
-0.04%
USD
Particl (PART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy

Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy

The Central Bank of Russia’s long-term strategy for 2026 to 2028 paints a picture of growing concern. The document, prepared […] The post Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy appeared first on Coindoo.
Share
Coindoo2025/09/18 02:30
United Kingdom CFTC GBP NC Net Positions declined to £-42.4K from previous £-25.8K

United Kingdom CFTC GBP NC Net Positions declined to £-42.4K from previous £-25.8K

The post United Kingdom CFTC GBP NC Net Positions declined to £-42.4K from previous £-25.8K appeared on BitcoinEthereumNews.com. Information on these pages contains
Share
BitcoinEthereumNews2026/02/21 04:50