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Pagcor received 76 Gaming License Applications
KEN INTEREST IN PAGCOR OFFSHORE LICENSING
Philippines regulator says it has received 76 applications.
The Philippine Amusement and Gaming Corp (Pagcor) says that there is keen interest among offshore operators for its licenses as the e-gaming starts to reacquire some equilibrium after the recent unsettling decisions by government
Pagcor chief Andrea Domingo claims that since Pagcor started accepting applications in mid-September it has received 76 applications from operators for its offshore gambling licenses, and that she expects the successful applicants for the initial 25 one-year licenses to be announced soon.
Domingo said that applicants were aware that Pagcor might change licenses and rules after the initial one-year licensing period. She added that the initial months of operations under the new licenses would be used by Pagcor to assess and evaluate both operators and the efficacy of the licenses.
The licenses cover e-casinos using both live dealer and random number generator technologies, along with online sports betting, with the service provider entitled to use the title Philippine Offshore Gaming Operator.
Pagcor is charging application and processing fees of US$50,000 for e-casino licensing, and US$40,000 for online sportsbetting licenses. Once approved, operators will have to cough up a further US$200,000 (e-casinos) and/or US$150,000 (sportsbetting)
Operators are specifically barred from accepting wagers from Filipino punters.
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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