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Philippines Gaming License

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The Philippines has emerged as a major gaming hub. The country boasts a booming gaming industry. This growth is a result of its young demographic and robust digital landscape. Projections suggest that this niche will generate up to $865.60 million in revenue by 2029. So, it is unsurprising that gambling operators are flocking to this pearl of the Orient seas. But, to tap into this market, it’s important to learn to navigate its legal landscape.

Learn how to do this in this guide.

Overview of the Legal Framework for Gambling in the Philippines

The Republic of the Philippines has strict laws on betting. These laws are overseen by the Philippine Amusement and Gaming Corporation. Also known as PAGCOR, this Corporation was set up in 1977 by Presidential Decree No. 1869 and regulates gambling activities in the country. It also issues all the necessary paperwork for all types of betting.

Benefits of a Gambling License in the Philippines

Gambling licensees in the Philippines enjoy several benefits:

Legal Protection

A gambling license is essential for online casino and sportsbook businesses. It makes sure that gambling (betting) follows strict rules for fairness and transparency. This permit also protects operators from legal risks like fines and lawsuits.

Strict Rules and Supervision

PAGCOR ensures strict rules and oversight. It ensures operators follow the law, building trust with players and stakeholders.

Government Support

Philippine licensees enjoy lower taxes compared to other locations. This support encourages investment and drives industry growth.

Wide Range of Options

The paperwork allows online casino and sportsbook companies to offer online casinos, sports betting, and e-gaming. This allows them to serve a wide range of players.

Strategic Location

The Philippines' strategic Southeast Asian location is a gateway to global markets. It empowers licensees to expand their company and enjoy global recognition.

Types of Gambling Activities Regulated in the Philippines

Here's an overview of the different types of gambling regulated by Phillipine's PAGCOR.

Bingo

PAGCOR regulates bingo games—a very popular game in the country. Operators must follow strict rules for fairness, payouts, and player safety. Bingo registers sales support the local economy.

Online Casinos

PAGCOR oversees online casinos where people can play slots, blackjack, roulette, and poker. Operators in the Philippines need a PAGCOR online gaming license to operate. They must meet strict rules to ensure fair play.

Sports Betting

This involves betting on sports like basketball and football. PAGCOR registers operators to offer sports betting, ensuring fairness, integrity, and responsible gaming.

Regulated Sports Betting

This category includes operators regulated by authorities that offer live betting event feeds. It ensures bettors have access to legitimate sports betting platforms.

Licensing Authorities and Their Roles

Here are all the agencies that control online gaming in the country:

Philippine Amusement and Gaming Corporation (PAGCOR)

PAGCOR is the main regulatory authority for gambling activities in the Philippines. It oversees and regulates casinos, bingo parlors, and e-games nationwide. PAGCOR’s mandate includes:

  • Regulation and Licensing. Ensuring bookmakers meet legal standards.
  • Revenue Generation. Contributing to national income through regulated gambling.
  • Promoting Responsible Gaming. Encouraging safe and responsible betting practices.

Philippines Offshore Gaming License (OGL)

Managed by PAGCOR, the OGL regulates Philippines offshore gaming operators (POGOs). These operators provide online gaming services to foreign players. Its responsibilities include:

  • Licensing and Regulation. Issuing registrations and setting operational standards.
  • Monitoring and Enforcement. Ensuring POGOs follow regulations.
  • Revenue Contribution. Collecting revenue from offshore sportsbook operations.
  • Consumer Protection. Safeguarding the interests of online players.

Philippine Charity Sweepstakes Office (PCSO)

The PCSO operates national lotteries and other number games. Its primary functions are:

  • Lottery Operations. Managing and conducting national lottery draws.
  • Regulation of Sweepstakes and Lotteries. Ensuring fair and transparent sportsbook practices.
  • Charity. Provide funds for medical assistance to those who cannot afford it. They do this from the sweepstakes proceeds.

Philippine Racing Commission (Philracom)

Philracom regulates and supervises horse racing in the country. Its key functions include:

  • Regulation of Horse Racing. Setting rules and standards for the sport.
  • Promotion of Horse Racing. Encouraging the growth of horse racing as a sport.
  • Revenue Generation and Distribution. Managing the financial aspects of horse racing.
  • Welfare of Participants. Ensuring the well-being of jockeys, trainers, and other industry participants.

Philippines Games and Amusement Board (GAB)

GAB oversees professional sports and allied activities to combat illegal gambling. Its functions include:

  • Licensing and Regulation. Issuing registrations and regulating professional sports.
  • Monitoring and Enforcement. Preventing illegal betting activities. This ensures that people don’t use gambling to launder money.
  • Athlete Welfare and Safety. Protecting the rights and safety of athletes.
  • Promoting Professional Sports. Encouraging the development of professional sports.

These authorities ensure that gambling and related activities in the country are well-regulated.

Requirements for Obtaining a Gaming License in the Philippines

To get an online gaming license Philippines, applicants must meet these requirements.

Documentary Requirements

Applicants must submit a letter of intent to PAGCOR’s Chairman. They also need a signed application form and proof of SEC registration. Other documents needed include articles of incorporation and a general information sheet. Applicants will also need to submit the company’s overview or profile. The applicant must have an authorized capital stock of at least ₱100,000,000 and a paid-up capital of at least ₱25,000,000.

Locational Requirements

Gaming sites can only occupy up to 25,000 square meters, with certain areas excluded. Applicants must provide a lease contract or ownership certificate and local government approval.

Pre-operational Requirements

Before starting operations, a gaming provider must post a performance bond. They must also have certifications for gaming system integrity and Anti-Money Laundering compliance. Applicants must pass a pre-operational inspection and follow responsible gaming standards.

Documentation and Application Process

The steps below will help you get a Philippines online casino license.

Application Submission

Apply with all relevant paperwork to PAGCOR. This includes business details, financial statements, and proof of regulatory compliance.

Application Evaluation

PAGCOR will review your financial history, business operations, and key personnel. They’ll conduct background checks to ensure integrity and legal compliance.

Audit and Inspection

PAGCOR will inspect your facilities, systems, and operations on-site. They’ll audit to verify regulatory compliance. They also want to assess the security and fairness of gaming activities.

Decision

Based on the evaluations, PAGCOR will either grant the authorization or not. They can also recommend changes to meet regulatory standards.

Renewal

Apply for renewal before your PAGCOR gaming license expires. Submit updated documents and undergo re-evaluation to ensure continued compliance and operational integrity.

How Inteliumlaw Can Help

InteliumLaw offers expert legal services to help businesses succeed in the international market. We help bookmakers get relevant paperwork to operate in the Philippines. Our experienced team guides you through the licensing process, ensuring regulatory compliance. But that’s not all. We also offer continued support to help you unlock the market’s full potential.

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FAQs

How much does a Philippines gaming license cost?

The cost varies depending on the type of registration and its requirements. Contact us at InteliumLaw to find out the cost of a PAGCOR license online gaming application.

How long does it take to get a gambling license in the Philippines?

The licensing process can take about a month. This timeframe depends on the completeness of the application and regulatory compliance.

Is it possible to get a license without a bank account?

No. You need a bank account to get a PAGCOR license. It’s part of the financial and regulatory compliance checks.

How long is the Philippines gambling license valid?

Gambling licenses may vary in validity, but you generally have to renew them on an annual basis. Contact us at InteliumLaw. We can help you find out how long your PAGCOR license online casino application is valid.

Are non-residents allowed to own gambling companies in the country?

Yes, non-residents can own gambling operations in the country. However, they must follow local laws and regulations.

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