Is PAGCOR a government agency?
The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government-owned and controlled corporation under the Office of the President of the Republic of the Philippines.
What is PAGCOR license?
The Gaming Employment License (GEL) is an authorization issued by PAGCOR granting a person the privilege to be employed as a gaming employee within the Philippine jurisdiction.
How can I get PAGCOR license?
1. Applicant obtains the application form for PTP of Data/Content Streaming Provider by downloading the “Application for Permit to Possess Gaming Equipment and Gaming Paraphernalia” at the Electronic Gaming & Poker page of PAGCOR regulatory website at the link: www.pagcor.ph/regulatory/cegs.php.
How do I get a pogo license?
- APPLICATION PROCESS FOR A LOCALLY BASED POGO OPERATOR.
- Applicant.
- Offshore Gaming and. Licensing Department. (OGLD)
- Board.
- 1 Applicant submits Letter.
- of Intent to apply for a PAGCOR Offshore Gaming License, addressed to the PAGCOR Chairman & CEO, with attached required documents.
- START.
- 3 Applicant completes.
How much is a gambling license in the Philippines?
The fee for Philippines Casino License Restrictive Interactive Gaming Tax $60,000 to be paid upfront on renewal.
What is Pogo operation?
A POGO’s service includes providing games to players, taking bets, and paying the winners. These offshore gaming companies operate in the Philippines but cater to overseas customers. To legally operate, online gaming companies must be licensed by PAGCOR. Only foreigners based in another country are authorized to play.
How can I register in PAGCOR?
BASIC DOCUMENTARY REQUIREMENTS:
- PAGCOR Application for Registration Form.
- Company Profile including list of clients (in English)
- List of products/items being offered including brochures and catalogues (if any)
- Registration Certificate from:
- Valid and current Mayor’s Permit / municipal license.
Is it possible to make a living gambling?
The short answer is yes, but becoming a professional gambler is neither easy nor without its financial perils. Gambling for a living invites a lifestyle that can carry significant financial risks and you ought to be aware of that before you get started.
How many are employed in Pogo?
There are 138,000 foreigners employed by POGOs as of May 2019, with 83,760 of them holders of special work permits allowing them to stay in the country for at most six months. Only 17 percent of those employed in POGOs are Filipino nationals.
What are Pogo workers?
by. POGOs conduct online gambling operations from the Philippines, offering services to foreigners based in other countries. Philippine offshore gaming operators (POGOs) are online gambling companies that operate in the Philippines but offer their services to customers outside of the country.
Is gaming legal in Philippines?
Yes, gambling is legal in the Philippines when it is licensed and regulated. In 1975, then President Ferdinand Marcos wrote into law Decree No. 1067-a that defined legal gambling and created PAGCOR to license and regulate the industry.
How many POGO in the Philippines?
56
There are 56 PAGCOR-licensed POGOs as of June 9, 2019. It is estimated that at least 30 firms are operating in the Philippines illegally. KMC Savills Inc.