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Gambling Regulatory Organs in the Philippines


Diane

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Philippine Amusement and Gaming Corporation (PAGCOR)

 

Philippine Amusement and Gaming Corporation (PAGCOR).PNG

 

Presidential Decree No.1067-A of 1975 created the Philippine Amusement and Gaming Corporation (PAGCOR). The powers and functions of this organisation are opening and operating government casinos. The PAGCOR issues franchises and licences and regulates the work of land-based and online casinos in the Philippines. Offshore gambling sites also need the corporation’s licence before offering their games to Filipino players.

 

PAGCOR regulates games of chance, cards, and games of numbers. In the 1990s, bingo and lottery were added to the list of games monitored by PAGCOR. The corporation also sets fair play standards and measures all operators must follow. Furthermore, the PAGCOR is the largest revenue contributor to the Philippine government. The revenue is collected and used by the corporation to benefit the country.

 

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