Under the Office of the President of the Republic of the Philippines. The Philippine Amusement and Gaming Corporation (PAGCOR) is a corporation that the government entirely runs.
The Corporation was established during the Martial Law era as a result of a Presidential Decree (PD1067-A) signed by then-President Ferdinand Marcos. In response to demands that the Philippine Government stop the spread of illegal casinos operations that were at the time occurring throughout the nation. Later, the legislation establishing PAGCOR was updated and merged by PD 1869, also known as the PAGCOR Charter.
Under its charter, PAGCOR has three major responsibilities.
- Regulate, conduct, approve, and issue licenses for games of chance, card, and number games, primarily casino gaming in the Philippines;
- Provide income to support national development and social programs run by the Philippine government;
- Promote the Philippine travel and tourism sector.
The Philippine Congress passed Republic Act No. 9487 in June 2007. It stipulated the following changes to the PAGCOR Charter and extended the corporate life of the government-run gaming company by 25 years, renewable for an additional 25 years.
- Any person, business, organization, association, or corporation may make arrangements with PAGCOR, including a joint venture.
- To conduct any of PAGCOR’s operations, it is necessary to seek the approval of the local government entity with territorial control over the location.
- Jai alai has no permission in PAGCOR activities; and
- It limits the scope of regulatory jurisdiction and control over gaming operations already governed by other current licenses, regulatory organizations, or specific laws.
Where Do Profits From PAGCOR Go
According to its charter and other governing rules, PAGCOR’s earnings should distribute as follows:
- The BIR receives 5% of wins as a franchise tax;
- The National Treasury receives 50% of the remaining 95% of the income as required by the National Government;
- For each of their corresponding community development initiatives, cities that host PAGCOR casinos receive a set sum;
- PAGCOR complies with the National Internal Revenue Code by paying corporate income tax;
- 5% of the remaining funds, after the franchise tax and the required income share for the National Government, go to the Philippine Sports Commission to support national sports development initiatives;
- The Board of Claims, a division of the Department of Justice that provides compensation to those wrongfully imprisoned and prosecuted, receives one percent of the net profits;
EGames / EBingo Regulated by PAGCOR
As of 30 March 2022
Other Authorized Online/Remote Gaming Platforms