Friday, March 29, 2024 - Login

Protection, comfort and ease of business


The Cagayan Economic Zone Authority (CEZA) is a government-owned and controlled corporation that was created by virtue of Republic Act 7922, otherwise known as the “Cagayan Special Economic Zone Act of 1995.”

Under Republic Act 7922, CEZA has the authority to operate or license tourism-related activities including games, amusements, recreation and sports facilities, independent and duly recognized by Philippine Amusement and Gaming Corporation (PAGCOR) itself through Republic Act 9487.

CEZA guarantees that its gaming regulatory operations meet the highest and strictest industry standards and are commensurate with best industry practices. For over a decade, First Cagayan Leisure and Resort Corporation (FCLRC)—the duly appointed Master Licensor of the Cagayan Economic Zone Authority (CEZA)—regulates and monitors all activities pertaining to the licensing and operation of interactive games on behalf of CEZA. FCLRC (a subsidiary of Leisure and Resorts World Corporation—a publicly-listed corporation at the Philippine Stock Exchange) has been developing the jurisdiction with state-of-art technology and infrastructure, and promoting the jurisdiction to become one of the leading interactive gaming jurisdictions in the world.

Beyond licensing, FCLRC offers value-added services ranging from business-related (i.e. legal consultation services, technical and technological expertise, pre-opening setup and post-opening operation assistance) to leisure and family-oriented care, to guarantee a peace-of-mind business environment and enhance a hassle-free lifestyle with work-life balance.

To assure protection, comfort and ease of doing business for both its online gaming operators and their clients, it is both CEZA and FCLRC’s responsibility to accord gaming operators the opportunity to be part of a promising business environment and to provide a strategic base to penetrate the gaming markets of the Asia-Pacific Region and the rest of the world.

First Cagayan can be found at stand N7-110.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief