Monday, December 05, 2022 - Login

Pagcor looking into CEZA-licensed online operators


Pagcor chief Andrea Domingo has confirmed they will be looking into the activities of Philippines’ special freeport zones that issue licenses to foreign online gaming firms, Reuters reports.

Earlier this week, Pagcor announced the scrapping of Philweb’s 13-year monopoly and while its chief was publicly denounced as a corrupt oligarch. Duterte refused to renew the license of the operator after its permit expired on Wednesday.

"With the strong and repeated pronouncement of the president, there is no choice," said Domingo.

"I doubt if anyone expected what happened," said a former top official at Pagcor, who asked not to be identified.

"It is not quite clear what the president really wants and what the endgame is."

Duterte’s position on online gaming that services bettors from overseas is yet to be clarified, said Joe Pisano, chief executive of Jade Entertainment and Gaming Technologies.

However, Pagcor said as Philippines looks to boost tourism, its land based casino resorts are unlikely to be targeted.

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