All casinos licensed in Philippines
Online gambling is Philippines is licensed by the state owned and controlled Philippines Amusement and Gaming Corporation (PAGCOR). They are the only operator in the country to run casinos, bingo and sports betting sites. International gambling operators can get a license from the Cagayan Economic Zone Authority (CEZA), also known as Cagayan Freeport. CEZA for the long time was the only institution to have legal authority to approve online gambling applicants without prior acceptance from any national government agency.
Getting a casino license in the Philippines has its own peculiarities, and websites licensed within the PAGCOR jurisdiction are analyzed in great detail in this review. We take a close look at how the licensing process is organized. We dissect available bonuses and the promotional policy, plus list games and software that a player picking a Philippines-regulated online operator can count on.
Philippines Gaming License: Details
First Cagayan Leisure and Resort Corporation is a private and majority-owned institution that exists to provide licensing for both online and land-based gaming venues. Among other services, it can authorize live dealer, sports betting, lottery, RNG games, software development and IT.
The cost of a new license for online operators reaches USD 80,000, while renewal of a license is capped at USD 40,000. It will cost a Sportsbook operator USD 60,000 to launch an online venue, and the cost will be twice as big for online lobbies that combine both Sportsbook and games.
FCLRC acts within the Cagayan Economic Zone Authority, which belongs to the government of the Philippines and exists in accordance with a specific gaming act - the Republic Act 7922 or the “Cagayan Special Economic Zone Act of 1995. CEZA is a port, and it acts independently of other Philippines territories.
For the longest time, FCLRC was the only authority to license the lucrative online gaming businesses. The game changed in 2017, when the chief operating officer of Leisure and Resort World Corp Francis Hernando informed the market that PAGCOR introduced its Philippines Offshore Gaming operator program. Introduction of the program split the revenues for FCLRC in half, with the second half now going to POGO. On November 20th, 2017, another program was introduced, and that one was from the North Cagayan Gaming and Amusement Corp.
For business owners, this means the split of power and incomes, whereas all that players need to know is that a website licensed and regulated by the jurisdiction of Philippines is usually a white-label one, with strict monitoring and certification standards.
Software Compatible with Philippines Online Casino License
While some licenses, such as Antigua and Barbuda and Panama limit the selection of content to some small and offshore-targeted manufacturers, under the Philippines permit, many popular software developers are eagerly signing distribution contracts.
To start the list, there are such giants as Net Entertainment, Quickspin and Yggdrasil Gaming. All three are recognized for their great selection of slots and frequent innovative production.
What’s even more exciting, this trio is joined by such popular brands as ELK, Play’n GO and iSoftBet. The first one is famous for adding unique betting strategies to its slots. All content by Play’n GO is story-based and complemented with a variety of features. The team of iSoftBet knows its way around some of the best reeled adaptations of popular blockbusters.
What is more, some of these studios have not only slots, but also table games and video poker, as well as arcades in their portfolio, which allows for a diversity of genres in the Philippines-licensed lobbies.
Fans of live content can expect to find something that interests them, too. Evolution Gaming and Ezugi are among labels that sign distribution agreements with Philippine-regulated gambling destinations.
Online Casino List with Philippines Licenses
Quite a few websites in our database comply with the rules and regulations of the government of Philippines. HappyLuke is among some of the most popular. Launched in 2015, this is an instant and mobile-friendly platform with adaptation not only to local languages, but also to English.
Financial transactions are possible in US and Australian dollars, as well as in Thai bahts and Chinese yuan. Up to 40,000 credits can be withdrawn per month. The lobby is a multi-software one, with games and live content.
Among other locations to explore, there is Zipang and 777 Baby. Both are available in English and powered by Playtech.
Best Bonuses for Casinos Licensed in Philippines
Players that are signing up for services of Philippine-licensed websites can count on an assortment of welcome and ongoing promotions. All of these, of course, come with the terms and conditions, as well as deadlines and restrictions. Based on a particular promotions, our readers can explore specific T&C that our portal provides.
When speaking of promotions, the first thing to mention are the welcome bonuses. In the lobby of Happy Luke, newly registered regulars can explore a welcome package that covers up to three initial deposits. These are cash match deals between 100% to 50% and up to 500 in credits. Each of the deals has to be rolled over 40xB before it can be withdrawn. Both wins from the bonus and the bonus is cashable.