Gaming Law 2024

Since 2023, Philippine Amusement and Gaming Corporation (PAGCOR), the Philippines’ gaming regulator, has introduced significant developments in the online gaming (“e-gaming”) sector. The sector – which includes e-games, e-bingo, specialty games, numeric games and sports betting – contributed to the substantial increase in gross gaming revenues (GGR), reporting an increase of 464.38% from last year. Key developments include updated licensing requirements for operators and service providers, newly approved games, strengthened compliance standards and lowered tax rates. These measures underline PAGCOR’s strategic focus on the e-gaming sector as a critical component of the Philippines’ gaming industry, aiming to sustain growth while maintaining robust regulatory oversight.

Read More: https://practiceguides.chambers.com/practice-guides/gaming-law-2024/philippines

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PAGCOR backs Special Class BPOs offering services to foreign gaming firms