Asia
Pagcor to turn purely regulatory

A priority bill has been filed by House Speaker Pantaleon Alvarez to have Pagcor’s functions turned “purely regulatory”.
The Philippine Amusement and Gaming Corporation (Pagcor) could soon become the Philippine Amusements and Gaming Authority (Paga) if a priority bill gets passed by the country’s Congress. House Bill 6514, filed by House Speaker Pantaleon Alvarez, would turn Pagcor’s functions into strictly regulatory and would hand over licensing powers to the Congress.
In case the bill turns into a law, Paga would only have a “purely regulatory” function and will take over duties of the PCSO, Games and Amusement Board, Cagayan Economic Zone Authority (Ceza), Aurora Pacific Economic Zone and Freeport (Apeco), Freeport Area of Bataan, and other special economic zones.
The bill would demand operators to get a legislative franchise from Congress, whilst current licensees would be given a one year period to update their existing permits before being considered illegal. It wold also set a five-percent franchise tax on aggregate gross earnings, which Paga would be tasked to collect.
Hearings on the measure are expected to begin this week with the House games and amusement committee.
-
Africa3 days ago
New Governing Board of the Gaming Commission of Ghana Sworn in
-
Africa6 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Baltics6 days ago
Estonian start-up vows to revolutionise iGaming customer support with AI
-
Asia6 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025
-
Gambling in the USA6 days ago
Gaming Americas Weekly Roundup – June 16-22
-
Africa5 days ago
SA Rugby Renews its Partnership with Betway
-
Asia5 days ago
Polemos Announces Partnership with Guinevere Capital
-
Industry News7 days ago
Arizona Department of Gaming Releases March Sports Betting Figures