PAGCOR Issues 40 Licenses to Offshore Operators
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued 40 licenses to offshore gaming operators, now categorized as internet gaming licensees (IGLs). In 2023, these operators, previously known as POGOs, generated $54.39 million in revenue.
As of May 15, PAGCOR reported issuing nine provisional licenses to offshore gaming operators, alongside 40 regular IGLs and nine temporary IGLs.
In August 2023, PAGCOR mandated that all POGOs reapply for permits under revised regulations, which came into effect on July 12, 2023. This regulatory update followed ongoing controversies related to POGOs, particularly concerning the employment of foreign workers.
22 May 2024, 10:42
Casino and Games
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories