PAGCOR - Your Guide to PAGCOR Licensed Casinos
The Philippine Amusement and Gaming Corporation (PAGCOR) is the primary regulating agency that provides casino licenses to casinos intending to operate in the country. It also oversees licensed gaming sites and pagcor sports betting locations.
PAGCOR aims to maintain the country’s gambling industry as a legitimate and ethical one. This is done through a series of policies and standards Pagcor licensed casino.
These include the
Code of Practice for Responsible Gaming, a set of guidelines to prevent
gambling addiction and harm to the community. It also implements security
measures and advertising guidelines.
This ensures that
players can enjoy the game in a safe and fair environment.
In order to ensure
that these standards are met, PAGCOR carries out periodic audits of gaming
operators. It also works closely with the Department of Justice in ensuring
that criminal activity is prevented.
To avoid being caught
out, you should only play at licensed and regulated online casinos in the
Philippines. The best ones are those that have official stamps of approval and
regular auditing checks.
The Philippine
Amusement and Gaming Corporation was created in 1976 by virtue of Presidential
Decree 1869. It is not only tasked to regulate and licence casino games but
also generate revenues for the government’s socio-civic programs and tourism
activities. It also has a responsibility for the welfare of its employees and
is actively involved in nation-building efforts.
Under the governing
body’s stated mission, it aims to become the top gaming and entertainment
destination in the ASEAN region. Revenues from these operations will be used to
fund nation-building projects by 2022.
In this regard, it
aims to attract international players to its casinos. In addition, it has a
commitment to employ Filipinos as managers and operators of its casinos and
domestic sportsbooks.
Aside from regulating
its own casino businesses, PAGCOR also extends its reach to other countries
through the Philippines Offshore Gaming Operators (POGO) licence. This allows
companies to broadcast their PAGCOR-licensed games to markets outside of the
Philippines, primarily China and Vietnam.
As a result of this,
PAGCOR has seen a sharp increase in fraudulent activities. Several of these
operators are using social media such as Facebook to promote their scams.
It has also been
revealed that many of these operators have been linked to murders, gang
activity and modern slavery. It is this fact that has triggered debates on the
need for regulation of online casinos.
This is a serious
concern, and it will require more proactive approaches to curb the problem. For
this, PAGCOR will need to continue collaborating with companies such as
Facebook to remove and disable ads from these operators.
Moreover, the
regulator will need to improve its monitoring of PAGOGs and ensure they meet
legal requirements. This will not be an easy task, as it will take time to weed
out the bad actors from the market.
The Philippines is a
great place to be if you are interested in playing the latest and greatest
online games, but it’s important to be careful where you play! In addition to
being regulated, you will want to choose a reputable and secure site that
offers the best security and encryption technologies.
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