• Philippines Online Casino License

Philippines Gambling License Empire 

A rapidly developing economy in the Far East, Philippines is considered as one of the most promising economies in Asia. A country which has long been involved in the global trade due to its strategic location, Philippines is now also a global manufacturing hub. The presence of a large English speaking population has traditionally helped the growth of the industries in Philippines.

Overview of Philippines Online Gaming Sector

The Gaming Sector in Philippines is the second highest source of revenue after taxation. Traditionally the Gaming Industry both in the Casinos and Online Gaming Sector has been controlled by the regulator cum operator PAGCOR (Philippines Amusement and Gaming Corporation). As a regulator cum business operator, PAGCOR operates both casinos and limited online gaming websites. The land based operations are mostly limited to PAGCOR approved Casinos and online operations to specialised gaming cafes.

The issuance of Philippines Online Casino Licenses is regulated under the Interactive Gaming Act, 2003  ceza_interactive_gaming_act_jan_03_v1.0 (1) . As per the provisions of the Act, the licensing process is regulated by the Cagayan Economic Zone Authority. The Licensees also have to comply with the Interactive Gaming Rules and Regulations, 2004  rules_regulations of the Cagayan Economic Zone Authority. A Code of Practice interactive_gaming_code_of_practice  is also issued for the licensees to regulate their functioning.

How to get a gaming license in Philippines

Philippines Online Casino Licenses are highly valued and are issued after thorough investigation of the business and financial backgrounds of the applicants. The Philippines online gaming license holders are allowed to operate all games except Last Two, Jueteng and Masiao.

There are basically two types of online gaming licenses in Philippines-

  • Full License (Online Casino and Sports Betting)
  • Sports Betting License

The difference between the two licenses lies in the application and license fee which we will describe later.

Application for online casinos in Philippines can only be made by companies registered in Philippines.

The application has to be made to the Regulator with the following information/ documents:

  • A ‘Personal Probity Form’ containing the Name and details of the applicant and all key officials including Directors, CEO and Company Secretary;
  • A ‘Company Probity Form’ containing the details of the company;
  • Evidence of intended physical location of the enterprise within the CSEZPF.
  • The Business Plan for the operation.
  • Signed Copy of Industry Code of Practice
  • A processing Fee of $200.

Fee to be paid for Philippines Casino License

In addition to the above mentioned documents, additional documents such as Birth Certificates, Copy of Passports and Police Clearance Certificates and References may be required to be submitted.

Fee to be paid for Philippines Casino License

For obtaining a Philippines Online Casino license the fee depends on the type of license.

For a Full Gaming License, the following fee needs to be paid:

Cost of applying for a new license

Application Fee$40,000 in two instalments

($ 15000 at the time of application which is non-refundable and $ 25000 upon issuance of provisional license which is refundable)

Gaming LevyGaming Levy: 2% of Gross Win/month from e-casino operations

(Gross Win = Turnover – Player wins – Merchant Discount)

Fee for Sports Betting Operations$ 48,000 per year

For renewal of license

Renewal Fee$40,000 in two instalments

($ 15000 may be offset against gaming levy paid)

Gaming LevyGaming Levy: 2% of Gross Win/month from e-casino operations

(Gross Win = Turnover – Player wins – Merchant Discount)

Fee for Sports Betting Operations$ 60,000 per year

For a Sports Betting License the following fees need to be paid

Cost of applying for a new license

Application Fee$ 26000 ( $ 18000 is Refundable if application is unsuccessful)
Probity Cost$ 3500
Restrictive Interactive Gaming Tax$ 48,000 per year to be paid on issuance of license

Renewal of sports betting license

Renewal Fee$ 15000
Restrictive Interactive Gaming Tax$ 60000 to be paid upfront on renewal

Assistance for a Philippines Online Casino License

Philippines is an excellent jurisdiction for online gaming entrepreneurs. The location and of the country means that there are a number of VIP Gamers visiting the websites for gaming. Empire  has a team of experts who can guide you through all the stages of licensing while you can focus on your business. The Gaming experts at Empire  will assist you at every step and posses the necessary on ground experience. You can reach the Online Gaming License experts at Empire  through our website www.empireglobal.partners and or by email at info@empireglobal.partners. We offer clear written contract agreements clearly mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.

Official page of PAGCOR: http://www.pagcor.ph/index.php

No designation has been made by the Texas Board of Legal Specialization for a Certificate of Special Competence in this area.