The Philippine Amusement and Gaming Corporation (PAGCOR) is the government-owned agency that regulates, licenses and controls games of chance in the Philippines. It is primarily responsible for issuing gaming licences to private casinos, bingo parlours, electronic gaming outlets and sports betting kiosks.

PAGCOR has a strong mission to drive casino growth and entertainment in the Philippines, generating revenues that fund nation-building programs by 2022. This ambition, coupled with the company’s ambitious plans to expand its reach across the region and the Asian market in general can be seen as a positive for existing and future casino licence holders pagcor licensed sportsbook.

However, there are risks associated with a casino license from PAGCOR as it is unclear how the organisation will take its role in the future and whether or not it can continue to uphold fair play within the industry. There are calls for PAGCOR to be split into two entities so that the governing body can continue to focus on ensuring that gambling is conducted fairly and responsibly.

In addition to regulating and licensing the casino sector, PAGCOR is also tasked with monitoring and bringing to an end the thriving illegal gambling industry. This includes identifying and shutting down any non-licensed online operations that accept Philippine players, and issuing penalties to those operators who fail to comply with the law.

One of the ways in which PAGCOR is trying to curb illegal gambling in the country is by introducing a new set of rules regarding the licensing of online casinos. These regulations are meant to increase the level of protection for online casino players and prevent them from becoming victims of scams or frauds.

Another way in which PAGCOR is trying to control the iGaming industry is by ensuring that all casino games are played fairly and that regular payouts are given out. This is done through the use of third-party organisations that test casino game software on behalf of PAGCOR. These organisations include Eclipse Compliance Testing, GLI Australia, BMM Australia and iTechLabs Australia.

As a result of these strict regulations, players are assured that they are playing at an authentic and safe online casino that operates within the Philippines. They are not required to pay any taxes or fees on their earnings, and are able to enjoy a wider selection of games than players would be if they were playing at an unlicensed casino.

There are also a number of other benefits to playing at a PAGCOR licensed casino. For example, many of these sites offer high-quality games from reputable game developers. They may also have a dedicated customer support team that can help you with any problems you might encounter.

Additionally, these licensed casino operators are more likely to have a higher Return to Player percentage than unlicensed online casinos. This can mean that you are able to win more money and even earn more bonuses than you would at an unlicensed casino.

As the online gambling sector in the Philippines continues to grow, so does the need for the government to regulate and monitor it. With so much money at stake, it is vital that the industry is fully regulated to ensure that people are protected and that the money is used to benefit society rather than just gamblers.