Online Gaming License Philippines Online Gambling License
Online Gaming License in the Philippines
Every year, gambling brings enormous amounts to the Philippine treasury. It is the second income after taxation on the people. Currently, the Philippines is a window to a large Asian market for gambling operators. Local authorities have issued a Philippine online gaming license so that operators can attract customers from various countries. Unfortunately, it is strictly forbidden for the Philippines to play or bet on a local license. The area where you can apply for an online gaming license in the Philippines is divided into two parts: the main zone under Pagcor and the Kagayan Free Port area. The Philippine online gaming license gives permission to provide all types of Igaming, excluding the last 2, Jueteng and Masiao. < SPAN> Gambling brings enormous amounts to the Philippine national treasury every year. It is the second income after taxation on the people. Currently, the Philippines is a window to a large Asian market for gambling operators. Local authorities have issued a Philippine online gaming license so that operators can attract customers from various countries. Unfortunately, it is strictly forbidden for the Philippines to play or bet on a local license. The area where you can apply for an online gaming license in the Philippines is divided into two parts: the main zone under Pagcor and the Kagayan Free Port area. The Philippine online gaming license gives permission to provide all types of Igaming, excluding the last 2, Jueteng and Masiao. Every year, gambling brings enormous amounts to the Philippine treasury. It is the second income after taxation on the people. Currently, the Philippines is a window to a large Asian market for gambling operators. Local authorities have issued a Philippine online gaming license so that operators can attract customers from various countries. Unfortunately, it is strictly forbidden for the Philippines to play or bet on a local license. The area where you can apply for an online gaming license in the Philippines is divided into two parts: the main zone under Pagcor and the Kagayan Free Port area. The Philippine online gaming license gives permission to provide all types of Igaming, excluding the last 2, Jueteng and Masiao.
Philippines Online Gambling Laws
Gambling in the Philippines is mainly conducted under the monopoly of the Philippine Amusement and Gambling Corporation. It is a 100% state organization. PAGCOR issues Philippine online casino licenses and sends 50% of the revenue to the jurisdiction's budget. This organization processes license applications, governs them according to the principles of "responsible gaming", and completes the blacklist of gamers. One of the measures prescribed by the regulator is the holding of training sessions. All iGaming operators must provide education programs on gambling problems for their employees. Training is given on how to identify problem players, how to solve current problems, etc. The only areas where PAGCOR's legal effect does not extend are the Cagayan and Freeport special economic zones. The worst part is that local internet gambling permits do not allow operators to let Filipino citizens play on their platforms. It is strictly prohibited by local law and related websites are blocked in the jurisdiction. Philippine online casino license holders are able to attract many gamers from other Asian countries (and not just). Philippine gambling laws mean compliance with anti-money laundering policies. It is mandatory to follow national AML regulations, abnormal transaction laws, counter-terrorist financing regulations, and KYC policies. Therefore, proving the quality and safety of your software is a key requirement.
Districts for licensing online gaming in the Philippines
Which regions of the country can issue Philippine gaming licenses? First, the main regions are governed by PAGCOR. For operators who want to start a legal virtual gaming business, the regulator issues Offshore Philippine Online Gaming Licenses (POGOs). The Cagayan Freeport Zone issues the CEZA Philippine Gaming License, which allows license holders to attract customers from different countries, but again, not from the Philippines. CEZA-authorized gambling platforms have been very successful in other Asian countries where the licenses are not issued.
Philippines Gaming License Requirements. How to Get An Online Gambling License in the Philippines?
- Registering a business in the country
- Opening a bank account
- Appoint a local director residing in the Philippines who will have the right to deal with the competent authorities in the Philippines and enter into contracts on your behalf.
- Prepare a complete set of Philippine gambling license application documents.
- Prove that the company has sufficient funds.
- Indicate that your platform will protect people under the age of 21 from any kind of gambling.
- Complete the Philippine gambling license application.
- Pay the commission.
- If the commission finds some required documents missing, it will send the operator a list of necessary improvements.
After obtaining a Philippine gambling license, the platform owner must keep information about customers for five years and report suspicious transactions.
The package of documents for licensing
To become a holder of a Philippine gambling license, an operator must prepare and submit the following documents:
- "Individual Probity Form" containing data on the applicant and other key company members;
- "Corporate Probity Form" with detailed information about the company;
- Business plan of the company applying for a gambling license in the Philippines;
- Articles of Incorporation;
- Proof of authorized capital (at least 15, 000, 000 Philippine pesos ($262, 000));
- No Objection Certificate from the local government where the iGaming business will be carried out.
The specific list of documents will vary depending on the individual case.
To ensure that the licensing procedure goes smoothly, contact Licensing Aid. Our experts will guide you through the entire process, from deciding whether to obtain a Philippine gambling license to actually obtaining the permit. We will prepare the documents, advise you on all issues, and help you resolve any problems that arise.
How much does a Gaming License cost? Fees and taxes
There are two types of offshore virtual gambling licenses:
- Full license (covers all games and sports betting)
- Bookmaking license (sports betting only)
The cost and required fees for obtaining a POGO license are as follows:
Full license | Bookmaking license | |
Application fee | $150, 000 | $120, 000 |
Payments after license issuance | $200, 000 | $150, 000 |
Renewal fee | $150, 000 | $120, 000 |
POGO license holders do not pay taxes except 5% of the company's income.
The price of a CEZA license is even more complicated. The exact amount is not made public, but it is only known that online casinos must pay 2% of total winnings and bookmakers must pay 1. 5% of total winnings monthly.
Licensing timescale
According to Pagcor's official information, the examination period for the license application form is usually 18 to 20 days. If the special situation or the amount of work in regulatory authorities is large, the processing period may be changed.
The Philippine virtual gambling permit is valid for three years.
The advantages of a Philippines Gambling License
Why apply for an online casino license in the Philippines?
- Asians are enthusiastic gamers, and you can attract Asians on your platform by getting offshore licensing.
- Gambling is a major part of the national budget, so the Philippine government supports gambling.
- You can apply for a license even if you are not a resident.
- Short license period
- Transparent application process
- We hope that the local Igaming market is consistently developing dynamically, so we hope that residents will be able to play online on a platform licensed from their home country.
Philippine e-Gaming License PAGCOR
PAGCOR Gaming Broker License – your best Gaming license
The GBO offers unique services that support the acquisition of e-gaming license in the Philippine s-Philippine Amusement and G Aming Corporation (Pagcor).
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Why Philippine ?
- High demand from brokers
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For inquiries, please contact +972504938469 or [Email Protected].
Philippine Amusement and Gaming Corporation (PAGCOR) will become a leading offshore gaming license
About Pagcor gaming license
- The Philippine Government's PHILIPPINE AMUSEMENT and GAMING Corporation (Pagcor) has a license in the Philippines and plays a role in supervising an online game provided by no n-Philippine residents.
- Gaming is provided online via the Philippin e-based network and software, but only offshore players are allowed to access gaming websites. Available players must live outside the Philippines and have a Philippine license holder online game account.
- Acquired players must be no n-Philippin e-based people other than the Philippines. Foreign foreigners in the Philippines and Filipino from the Philippines are forbidden to play on the electronic game website.
- In order to confirm that all licensed holders comply with Pagcor's rules and regulations, the POGO monitoring taskforce is appointed, monitoring, monitoring, and reporting violations. The members of the POGO Task Force are composed of Pagcor staff, National Investigation Bureau, and Immigration Bureau staff.
- The Philippine Offshore E Game License is not transferred, not vested rights, but if the license holder violates the ant i-gambling method in the Philippines or does not comply with any of the license regulations, cancel at any time at the discretion of the Pagcor Board. You can pause.
Fees for Offshore e-Gaming Operators:
- License application fee
(a) Application for E-CASINO operators US $ 50, 000 (b) Sports betting operator application US $ 40, 000
(a) E-CASINO operator license US $ 200, 000 (b) Sports Betting Operator License US $ 150, 000
Procedure for Pagcor Gaming License Application:
The first step procedure begins by sending a statement to Pagcor's chairman and CEO. The letter must be the intention of the operator who wants to enter the online gambling market in the Philippines, and must also include all application documents for acquiring the license. There are many documents that the applicant must submit, such as the required documents signature card, sales permit, certification certificate, and office sketch. These records are essential for proof of the legitimacy and preparation of the company in the online game business.
Pagcor Online Gaming License Cost:
Application fee: Online casinos are $ 200, 000, sports betting sites are $ 150, 000, and both are $ 300, 000, depending on the type of business. These costs are expensive, but are considered to be investing in markets that can generate great profits. Evaluation procedures Each application form is carefully examined by Pagcor, and the accuracy and integrity of the attached documents are confirmed. General problems such as errors and deficiency of documents can cause application delays and rejection.
Pagcor License Online Gaming Process:
Approval notification: After the examination, the applicant is notified of the application status. If all documents are ready and there is no major problem, the approval process is usually completed in a few months. Maintenance of compliance: After Licensee has started driving, it must be followed by Pagcor's approved equipment standards and driving plans. In order to maintain the effectiveness of the license, it is necessary to comply with the rules and regular tests.
Extra Things to Think About:
- The license holder must pay the annual fee, but the amount is determined by the business size. These costs are part of the continuous cost to maintain the license of Pagcor.
- As long as the application legal requirements from overseas, Pagcor accepts applications from online game operators around the world.
- Operators who violate the penalties for violations may be subject to fine or cancel their license. Strict compliance is given priority to guarantee a sincere and reliable game environment.
- This procedure is performed to guarantee that only operators who obtain license and compliance with compliance will participate in the Philippine online game market and maintain the consistency and standards in this field.
About the author Gbo expert
The GBO specializes in acquiring games, cryptocurrency, and FX field licensing, and offers comprehensive corporate services around the world. In addition, we will respond to various business needs for customers, such as banking, payment solutions, and company establishment support. Follow the latest updates, news, and new services from the LinkedIn profile. Please feel free to contact us for inquiries or consultations.
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Peculiarities of obtaining a gambling license in the Philippines
In 1975, then President Ferdinand Marcos issued Executive Order No. 1067-a, which defined legal gambling and established PAGCOR to license and regulate the gambling industry under the direct control of the Philippine government.
PAGCOR is a government agency established to oversee the gambling industry to promote tourism and finance infrastructure construction. PAGCOR also owns at least 46 casinos in the islands.
The gambling sector in the Philippines is the second largest source of revenue after taxation of the people. Traditionally, gambling operations, both casinos and online gambling, are centrally managed by the regulator and operator, the Philippines Amusement and Gaming Corporation (PAGCOR).
Pagcor operates both casinos and online gaming sites. The License holder of the Philippine online casino is allowed to provide all games except the following games:
Illegal game | explanation |
Jueten | Jueteng is an illegal number game that includes a combination of 37 numbers from 1 (1) to 37 (37) and another 37 numbers. It works as a form of. |
Masiao | A illegal numerical game that determines the combination of winning by the result of the last game "Girai". |
Last two | Illegal number games that determine the winning combination from the last two numbers of the first winning ticket in the weekly lottery of the Philippine Charity Lotto (PCSO). |
Regulatory authorities
The name of the regulatory organization | function |
Philippine Amusement & Gaming Corporation (Pagcor) | A 100 % governmen t-owned corporation is allowed to operate, approve and license all kinds of gambling, and generate income for government national development programs. |
First Kagayan Leisure and Resort Corporation (FCRLC) | Regulation and licensing institutions for Kagayan's special zone. |
Philippine Horse Racing Committee- (Philracom) | Maintenance of efficient and fair operations in the field of main business field sports and gambling in the field of horse racing |
Game and entertainment advice |
In this paper, only the Pagcor, its organization, authority, and the license to be issued are handled in detail.
Pagcor has the authority and authority to approve, license, and regulate gambling, cards, and numerical games, but these authorities are based on other regulatory organizations, special laws such as the Republican Law, or by local governments. Not as well as approved, licensed, or regulated games.
Operated and approved online gambling facilities operated by Pagcor are legal in the Philippines law, but owners, operators, and staff may be charged in other jurisdictions (China).
Pagcor has the authority to issue two types of licenses:
- Domestic licens e-License that allows operations only in the Philippines (both land and online)
- Offshor e-License to allow business in any place except in the Philippines (similar to Curassaw License)
Offshore online gambling license
Generally, the Philippine offshore gambling operator, which is generally called POGO, must be registered by Pagcor and get a license.
Gambling offered by POGOs is not available to customers in the Philippines, and the websites of such operators are blocked.
POGOs registered in the Philippines have grown rapidly by attracting Chinese customers and employing Chinese staff.
The first POGO was licensed in the Philippines in 2016, coinciding with the tightening of casino regulations in the Macau Special Administrative Region.
It is important to clarify that, unlike Curacao, operators seeking licenses from PAGCOR do not need to have a local legal entity. Both registered local legal entities and foreign legal entities located in any jurisdiction can apply, but in that case, a local "guarantor" by a Philippine registered legal entity is required. Such guarantor services are often expensive, and in some cases, even more expensive than setting up your own company.
Philippine gambling license applicants can operate both within the Philippines and abroad.
Procedure and Criteria for Obtaining an Offshore License in the Philippines
Philippine online casino licenses are issued after a thorough review of the applicant's business and financial background.
There are two types of Philippine online gambling licenses: e-Gaming License
- Betting License
- The difference between these two licenses is the application and license fee.
The application must be submitted to the supervisory authority with the following information and documents:
Personal Due Diligence Form with the name and details of the applicant and the names and details of all key officers including directors, CEO and company secretary;
- Company Credibility Form with data about the company;
- Confirmation that the company is located in a particular region;
- Business Plan Company;
- Signed copy of Industry Code of Practice.
- In addition to the above documents, additional documents such as birth certificate, passport copy, police clearance certificate, recommendation letter, etc. are required.
The fee for obtaining an online casino license in the Philippines varies depending on the type of license.
To obtain a gambling license, you will need to pay the following fees:
Payments
E-Gaming | Betting | Application Fee |
Application fee | $40 000 | Royalties |
$200 000 | $150 000 | Bank Guarantee |
$250 000 | $250 000 | $250 000 |
Operators with offshore licenses are applied to a single tax rate (for both gambling and betting): 5 % of GGR.
Illegal gambling is a criminal act in the Philippines. Republic Act No. 9287 imposes the following penalties for each participant category. It is important to clarify that these sanctions are applied directly within the Philippine territory.
Sanctions for the illegal organization of gambling
Form of involvement in gambling
Sanctions | Player |
Train in prison for 30 days or more and 90 days | Those who cooperate with the organization (employees, landlords, drivers) |
6 years 1 day or more and 8 years or less | Those who are involved in financing (bank, payment vendor) |
6 years 1 day or more and 10 years or less | Coordinator / manager |
10 years 1 day or more 12 years or less | Director / manager |
Prison in 12 years to 14 years or less | Investor |
Prison in 14 years to 16 years or less | Those who cover the activities of illegal casinos |
Train in 2016 to 20 years or less | The number of licenses for offshore operators in the Philippines is not so large, only 33 companies. A complete list related to 2023 can be seen from this link. |
Market competition and summing up
Analyzing the registered POGOs has reached the conclusion that most operators are targeting the Chinese market and nearby Asian countries.
As mentioned above, gambling has been banned in Macau and China since 2016, so the Philippine operators are mainly in this market and are in demand in the Far East.
Currently, the Gambling industry is used in the Philippines to support the tourism of the country, providing a variety of legal gambling, many gambling facilities, and a sightseeing area in Las Vegas.
One of the main attractions created by Pagcor is Entertainment City E-City. E-City is a 8-kilometer block where casinos and resorts are arranged together to attract the largest tourists in the center of Manila.
Want to enter the Gambling market in the Philippines? With your application, we will be happy to advise you and provide a legal support package that suits you.
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