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PAGCOR Licensed Online Casinos in the Philippines
The Philippines is one of the top gambling countries in the world and it has a large number of licensed online casinos. This is good news for players who want to play casino games online in a safe and secure environment, with a strong backing from the local government.
The main governing body for the Philippine gambling industry is PAGCOR, which is responsible for regulating land-based and online casinos. It is a 100% government-owned and controlled corporation that is mandated to generate revenues that fund socio-civic programs and help boost the tourism industry pagcor licensed sportsbook.
PAGCOR has a clear
vision and mission, which are to make the Philippines a top gaming and
entertainment destination in the ASEAN region, generating revenue that funds
nation-building programs. It will do this by creating an environment that
propels the development of the Philippine gaming and entertainment industry and
become a responsive and responsible partner of the Philippines government in
its nation-building programs.
To achieve its
mission, PAGCOR has a set of core values that guide its actions and strategic
objectives. These values include being an agent of change, being transparent,
being a responsive and ethical partner of the government and being responsible
and accountable.
Regulatory policies and issues
The iGaming industry
in the Philippines is unique as it is split between two jurisdictions: the
Philippines and Macau. While both have legal and regulatory frameworks in
place, it is important to understand how they differ.
There are a number of
differences between the two jurisdictions and this can lead to confusion for
both locals and tourists alike. For example, the former is licensed to a small
number of e-cafe locals that cater to the local population, while the latter is
able to issue full licenses to online casino operators and other types of
online gambling sites.
For a regulated
online casino, it’s essential to check that the site holds an official PAGCOR
licence and is not hosted by a shady offshore operator. This will ensure that
you’re playing at a legit and trustworthy website and should also be backed by
the latest security technologies.
It is also important
to check that the casino offers a range of different payment options for
players to deposit and withdraw their winnings safely and securely. Most online
casinos with a PAGCOR license will accept credit and debit cards, but some may
allow players to use e-wallets or cryptocurrencies as well.
Licensed casinos with
PAGCOR are an excellent choice for players who want to play casino games in a
safe and secure environment, with the added benefit of knowing that they’re
supporting the Filipino economy and helping out their fellow countrymen. In
addition, the agency’s Serbisyo Muna Caravan aid program uses casino proceeds
to support socio-economic, medical and legal assistance for poor Filipino
families.
The Philippines is a
popular destination for players around the world and many have already
discovered the benefits of playing casino games online. However, with a growing
number of illegal online gambling websites posing as legitimate PAGCOR-licensed
casinos, it’s important to be wary of any site that doesn’t display the Pagcor
logo or is not available to players in the Philippines. If you’re unsure, you
can always contact the PAGCOR directly for more information about any website.
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