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PhilippinesThe state-owned and controlled Philippines Amusement and Gaming Corporation (PAGCOR) is the sole authorized gambling operator in the Philippines. The company operates casinos, bingo, sports betting, and betting exchanges online and through brick-and-mortar establishments. In 2000, PAGCOR authorized the Sports and Games Entertainment Corp. as the exclusive operator of the Philippines' only online casino. In 2002, the government opened its Internet gaming industry to competition when it granted Philweb Corporation control of online casinos. Philweb works in cooperation with PAGCOR to regulate and tax online gaming sites based in the Philippines. Philweb is seeking growth in the online gaming market with international expansion and partnerships within Cambodia, Laos, and Guam as initial targets. The growth potential is expected to reflect 50% of the income in the next three to four years. Other Philweb expansions in the online gaming sector include mobile gaming. There are approximately 70 million mobile phones in the Philippines, which is a bigger market than computers. Philweb also launched Modular PAGCOR e-Games Cafes (MPEGs). MPEGs are large mobile shipping containers and can be easily moved from one location to another if a particular area is not generating sufficient business. The containers come complete with computer terminals and cashier facilities. Philweb does not have competitors in the online gaming sector within the Philippines. The most popular online game in the Philippines is baccarat, which accounts for 30 to 40% of the gaming volume. PAGCOR also offers franchised e-Games Cafes. Operators may choose between a rented space and a modular cafe. An e-Games Café may be owned and operated with a start-up cost between PhP1.2M to PhP1.5M. There are no franchise fees, only a processing fee, and monthly revenue is 28% of casino winnings. The typical payback period is 12 months. An e-Games Cafe must be at least 200 meters away from educational institutions or places of worship and religious centers and at least 1 km away from existing PAGCOR e-Games Cafes. The Cagayan Special Economic Zone and Freeport, also known as Cagayan Freeport, is supervised and managed by the Cagayan Economic Zone Authority (CEZA). Internet gaming licenses are available directly from Cagayan Freeport, and CEZA has the legal authority to approve online gambling applicants without prior acceptance from any national government agency, including PAGCOR. 7 Philippines sites support English. edit your preferences Philippines
Address
Cagayan Economic Zone Authority Administration Complex, Centro Sta. Ana, Cagayan Valley Philippines Website Fax +63 (2) 631-3997 General Information +63 (78) 858-1017 View All Gaming Jurisdictions Philippines Jurisdiction News
Typhoon survivor wins charity sweepstakes jackpot
Woman staying at an evacuation centre in central Philippines wins Charity Sweepstakes. Philippines: Six people busted for online gambling Six Koreans busted for online gambling operation in the Philippines. Lottery fever hits Philippines Lottery fever sweeps the Philippines as largest jackpot ever is about to be drawn. Filipino lawmaker wants online gambling banned International news brief: Legislation proposed by Narciso Santiago of the Alliance for Rural Concerns party wants to ban online gambling in the Philippines. Manila-based online gambling site busted: SKorean officials International news brief: South Korean prosecutors have busted an online gambling ring operated by Koreans from the Philippine capital Manila. Poker pros get ready to APT The list of renowned poker pros participating in the Macau leg of this year's Asian Poker Tour has just gotten longer. Saab wins RP leg of Asian Poker Tour International News Brief: Australian national David Saab emerged as the top winner of the 2008 Asian Poker Tour. Top Asian players face off The top professional poker players with Asian heritage are aiming for nothing less than the top prize at the upcoming Asian Poker Tour Philippines leg this coming May 27 to June 1. Titan Poker sends players to APT Titan Poker will stage its Asian Poker Tour Manila Super Satellite Series this spring. Star Wars slot launched in Manila IGT-Asia has announced the launch of Asia’s first Star Wars progressive slot at the Almond Slot Club in Manila. PanAsian Poker Tour Debuts PanAsia Poker Tour will debut its Pan-Asian Tour in Manila, The Philippines. IEST Enters Asian Market International News Brief: After being granted the government license to operate the first Philippine-based online sports betting exchange, Interactive Entertainment Solutions Technologies is set to make a splash in the Asian market. Philippines Regulator Accepts eCOGRA Standards The Philippines-based Asian e-gaming regulator, Cagayan Economic Zone Authority is the latest independent online gambling body to accept the global integrity and operational standards of eCOGRA. ILTS Signs Philippine Contract International Lottery & Totalizator Systems, Inc reports that the Company has signed a contract with Philippine Gaming Management Corporation for a complete online lottery system. Philippines Approves Online Cockfight Betting System International News Brief: The state-owned Philippine Amusement and Gaming Corp. has approved the implementation of the country’s first Internet-based cockfight betting system. Philippines to Launch Online Cockfight Betting International News Brief: The Philippines is to launch on-line betting on cockfights in the next few weeks, officials said on Monday. Philippines Gambles on Internet International News Brief: The Philippines is gambling on the Internet to help raise money for its cash-strapped government.
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