The Philippines is an archipelagic country in Southeast Asia considered one of the most promising economies. A country that has long been involved in global trade due to its strategic location, the Philippines is now also a global manufacturing hub. As an open economy, the Philippines trades with other economies around the world. The presence of a large English-speaking population has traditionally helped the growth of the industries in the Philippines.
Philippines Online Gaming license Overview
Philippines Online Casino Licenses are highly valued and are issued after a thorough investigation of the business and financial backgrounds of the applicants. There are two types of online gaming licenses in the Philippines: Full License (Online Casino and Sports Betting) and Sports Betting License. The difference between the two licenses lies in the application process. With a license, online gaming companies can operate legally. The license is only awarded to applicants who provide financial standing and integrity.
Philippines Gaming license
The Gaming Sector in the 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 specialized gaming cafes.
There is another regulatory body, namely the Cagayan Economic Zone Authority (CEZA), which has controls of overall gambling matters in the tourist-friendly Cagayan Special Economic Zone and Free-port. This area is the only part of the Philippines that remains outside of the control of PAGCOR. The Cagayan territory only allows foreign players to partake in online gambling. Executive Order No. 13 was signed in 2017 to bring clarity to the online gambling market.
What is the process to obtain a Philippines Gaming license?
Philippines Online Casino Licenses are highly valued and are issued after a thorough investigation of the business and financial backgrounds of the applicants. The Philippines online gaming license holders are allowed to operate all games except the last two, Jueteng and Masiao.
There are two types of online gaming licenses in the Philippines: Full License (Online Casino and Sports Betting) and Sports Betting License. Application for online casinos in the Philippines can only be made by companies registered in the Philippines and submitted 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 the 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
Additional documents such as Birth certificates, copies of Passports, and Police Clearance Certificates and References may be required.
How to obtain a Philippines Gaming License?
The Philippines is an excellent jurisdiction for online gaming entrepreneurs. The location and of the country means that several VIP Gamers are 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 possess the necessary on-ground experience. You can reach the Online Gaming License experts at Empire through our website empireglobal.partners and by email at firstname.lastname@example.org. We offer clear written contract agreements mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.