Gambling Companies In Philippines

1. Gambling Companies In Philippines Manila
2. Top Gambling Companies In The Philippines

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All other online gambling businesses located in the Philippines are licensed and regulated by the Philippine Amusement and Gaming Corporation (PAGCOR). These destinations are also off limits to Filipino players. The only gambling sites that are legally accessible are licensed and regulated offshore casinos that accept players from the Philippines.

Residents of the Philippines can enjoy legal online casinos if they are licensed and regulated by a legitimate offshore jurisdiction. Licensed offshore online casinos can provide Filipinos with numerous legal gaming options not otherwise permitted to them domestically such as poker, sports betting, bingo, keno, scratch cards, slots, and much more.

This guide will detail everything residential Philippine players should know about gambling online at licensed and credible casino destinations from banking methods to region laws and more.

Visitors to the Philippines are not restricted from access to domestic casinos as these have built the country as a successful and thriving gambling destination for international players to experience. Casino resorts populate the islands; however, land-based casinos in certain regions have the authority to restrict various forms of gaming from their selection. Therefore, to experience the full variety of games available we recommend using licensed Philippines legal online casinos.

Online casinos recommended here are thoroughly evaluated and each have casino reviews available on this site.

Are Online Casinos Legal In The Philippines?

Filipino players can legally participate in online casino entertainment as long as the destination at which they are playing is located and regulated outside of the Philippines. The Filipino gambling laws do not prohibit players from participating in legally licensed and regulated offshore Internet gambling.

This fact was further supported by a 2012 court ruling that found that there are no provisions in the Presidential Decree or any other gambling law in the Philippines that makes it illegal for residents to place bets online. The locally run, government licensed online casinos in the Philippines are prohibited from offering their services to Filipino citizens, requiring players to turn to offshore sites.

The gambling laws in the Philippines are directed towards the business operators and not the players. You can gain more understanding about the difference between domestic and offshore online gambling in our guide to Philippines legal casino gambling by region.

Betonline Sportsbook And Casino

If you are looking for a trusted site to gamble at, look no further than Betonline. They are one of the biggest and most reputable gambling establishments on the internet and gladly welcome all players from the Philippines. Betonline offers casino games, poker, sports betting and even a live dealer casino. Plus they are mobile friendly which is always nice.

Betonline has been around for over a decade and has earned a superb reputation for being fair and honest with players and always paying winners in a timely manner. They are a great option for all Asian players. New Philippine players can claim a 100% bonus up to $3,000 over your first 3 deposits.

Best Legal Online Casinos For Philippine Players

What Determines Whether Or Not An Online Casino Is Legal For Players In The Philippines?

The formal credentials and the destination of an online casino determine whether or not it is legal for Filipino residents to gamble there. Gambling laws in the Philippines have deemed it illegal for state licensed online casinos to offer their services to citizens of the islands. However, there are no laws dictating where players can bet, hence it is perfectly legal for Filipino gamblers to enjoy offshore gambling online as long as the destination is legally licensed and regulated through a legitimate governing jurisdiction.

What is ironic is that the Philippines is home to the only online gambling licensing jurisdiction in Asia, yet Filipino players cannot engage in betting services offered from the businesses which are regulated by the First Cagayan Leisure and Resort Corp (FCLRC) in the Cagayan Valley.

All other online gambling businesses located in the Philippines are licensed and regulated by the Philippine Amusement and Gaming Corporation (PAGCOR). These destinations are also off limits to Filipino players. The only gambling sites that are legally accessible are licensed and regulated offshore casinos that accept players from the Philippines.

How Do I Find A Legal Online Casino Accepting Players In The Philippines?

Your best bet is to rely on the information provided by industry professionals who are involved in the evaluation and ranking of online gambling sites. They are trained to analyze online casino businesses and determine their legitimacy, quality and value to players.

Our team of online gambling analysts has placed each brand through an intense review process to reveal the premium casino destinations and expose the questionable and undesirable options. Each of our recommendations has been tested and approved by our pros, and is guaranteed to be legally licensed and regulated as well as extremely high quality.

What Types of Legal Online Casino Games Can Filipino Residents Play?

Slots

Legal Online Slots in the Philippines - This page will provide you with insight into what types of legal online slots games are available to Filipino players, as well as where to find premium online slot machines from licensed, premium online slots casinos.

Blackjack

Legal Online Blackjack in the Philippines - Legal Online Blackjack for Filipino Players – One of the most popular online and offline casino games, legal blackjack games are readily available online for Filipino players. Get the who, why and where from our this informational guide.

Roulette

Legal Online Roulette in the Philippines - Another very popular gaming venue in the Philippines and around the world, legal online roulette games provide convenient online access to a variety of roulette games, including American roulette, European roulette, and even French roulette. This guide will provide you with information about playing roulette online in the Philippines.

Baccarat

Legal Online Baccarat in the Philippines - This guide will reveal the best destinations for Filipino residents to enjoy legal online baccarat, as well as some helpful tips on learning to play for free.

Pai Gow

Legal Online Pai Gow in the Philippines - Pai Gow is one of the most popular casino games among Filipino residents. It is not wonder since it is an Asian inspired game. There are versions of this game available at some of the online casinos that legally accept players from the Philippines. You can learn the ins and outs of playing Pai Gow online legally from this guide.

Mahjong

Legal Online Mahjong In The Philippines - Mahjong is one of the oldest traditional table games available to play at online casinos. In recent years, the tile-based game has grown in popularity around the world and is now a go-to game for many players looking to wager on their strategy and skill.

Keno

Legal Online Keno in the Phillippines - Keno is a beloved numbers game that derived in China and has become popular around the world. The popular game is often described as a casino's lottery. Our guide to playing keno in the Phillippines will give you useful information involving the game and have you ready to try your luck.

Live Dealer Casino Games

Live Dealer Casinos in the Philippines - Live Dealer gambling online has become the latest craze in the Internet gambling industry, and the Philippines are no exception to this trend. Learn what live dealer games are and how to access them in this guide.

Mobile Casino Games

You will find that there are numerous Philippines mobile casinos available, all of which are compatible across most mobile devices and networks. These mobile casino applications are web based, mobile optimized apps that allow players to access their favorite casino games, fund their account and manage their preferences all from a smartphone or tablet.

Other Forms Of Legal Online Gambling For Filipino Gamblers

There are several other options for Filipino residents seeking licensed and regulated online gambling entertainment. Players can legitimately gamble at without violating any of the nation's gambling laws.

Sports Betting

Legal Online Sports Betting In The Philippines - A complete guide for betting on sports like Basketball, Baseball, Boxing, Football and Soccer legally for Filipino players. This section of our site also includes information specifically for those Filipino residents interested in learning more about legally sanctioned online sportsbooks offering Super Bowl 52 betting lines for Philippines residents.

Poker

Legal Online Poker in the Philippines - For anyone looking to play poker, we review the leading legally licensed sites here.

e-Sports

Electronic sports (e-Sports) is one of the newest things to produce betting odds. While e-sport betting has been around for a while it is just now starting to gain mass popularity on the betting circuit. Our guide to e-Sports betting will fill you in on all the details you need to know before placing a bet on video gamers.

Horse Race Betting

Horse race betting has been a long-standing tradition for many Filipinos. Our legal horse betting guide will cover all aspects of the sport and offer key pointers on how to benefit from online sportsbooks.

In the Philippines, players can gamble as long as they are 18 years of age.

The online gambling deposit methods available to Filipino gamblers include a variety of virtual banking options to accommodate multiple player preferences. You will find the following types of funding methods available: credit cards, debit cards, prepaid options, cryptocurrencies (such as Bitcoin, Ethereum, Dash, Litecoin), eWallets, and more. Visit our page deposit guide for Philippines players for more information.

You might find a few sites that offer gambling in Philippines Pesos. But most of them offer either USD, British Pounds or Euros. You can view current USD to Philippines Pesos conversion rates here.

Yea, I know a lot of them look too good to be true. I can assure you that these are in fact legitimate bonus offers and are simply a way for online casinos to attract new customers. We are gamblers too, so we only recommend the most reputable websites that we know can be trusted and will always pay on time.

Op-ed by Bob Shead

In the first part of this two-part article on the Philippine Gaming Industry, I will focus on the country’s casino industry. Together with the online gaming sector, which will be the focus of the second part of this article, the casino industry is of enormous importance to the Philippine economy, and is intricately linked to the country’s tourism industry. In this article, I will also identify possible investment opportunities in this rather complicated and sensitive industry.

The Philippine Amusement and Gaming Corporation (PAGCOR) is the Philippine Government body, founded in 1976, that has the responsibility for governing the casino industry. PAGCOR is 100% owned by the Philippine government, and is a controlled corporation under the Office of the President of the Republic of the Philippines. The funds generated by PAGCOR augment the government’s budget for infrastructure and socio-civic projects.

Under its Charter, PAGCOR has a three pronged mandate:

1. Regulate, operate, authorize and license games of chance, games of cards and games of numbers, particularly casino gaming in the Philippines;
2. Generate revenues for the Philippine Government’s socio-civic and national development programs;
3. Help promote the Philippine tourism industry.

In June 20017, the following amendments were added to the PAGCOR Charter:

1. Allowed to enter into agreements, including joint ventures, with any person, firm, association or corporation;
2. Have a requirement to obtain consent of the local government authority, that has territorial jurisdiction over the area chosen as a site for any of PAGCOR’s operations;
3. Delimitation of regulatory authority and power over gaming activities covered by other existing franchises, regulatory bodies or special laws.

PAGCOR operates 13 casinos across the country, all located in in popular tourist destination areas:

METRO MANILA – Casino Filipino Midas, Casino Filipino Malate, Casino Filipino Pavilion.

LUZON – Casino Filipino Angeles, Casino Filipino Ilocos Norte, Casino Filipino Mimosa, Casino Filipino Olongapo, Casino Filipino Tagaytay.

VISAYAS & MINDANAO – Casino Filipino Bacolod, Casino Filipino Cebu, Casino Filipino Davao, Casino Filipino Iloilo, Casino Filipino Mactan.

However in 2008, the government of the day decided to open up the Philippine gambling market to international bidders, essentially removing PAGCOR’s monopoly of running its own casinos. PAGCOR still retains its Philippine government authority in regulating all casinos in the Philippines. This decision meant that the Philippines began to compete head to head with established gaming sites in Macau, Malaysia and Singapore, as well as Las Vegas and Australia. This led to a rapid rise of integrated casino/entertainment resorts in and around Manila, and has now resulted in the rapid development of areas such as Newport City, adjacent to Manila International Airport (NAIA), and the sprawling Entertainment City complex, which is part of reclaimed land in Manila Bay.

This decision, made in 2008, has been highly profitable to the Philippine Economy. For example, in the first nine months of 2016, the Philippine gaming industry was worth Peso118 billion (US$2.3 billion), in terms of Gross Gaming Revenue (GGR). In comparison, the GGR in 2012 was Peso56 billion (US$1.09 billion). The casino/entertainment complexes in Entertainment City have been, and will continue to be the main money makers and tourist draws for the foreseeable future. The investment bank, Credit Suisse has projected that the country’s gambling industry can earn gaming revenues of US$6 billion by 2018. This potentially will promote the Philippines into the top four gaming countries globally.

There are about 18 privately owned casinos currently operating in the Philippines, most are in Metro Manila. However Clark Airport (part of Angeles City) also hosts the following casinos – Fontana Resort, Royce Casino, Widus Resort and Midori Casino. Thunderbird Resorts Philippines also has two operations in North Luzon. However, casinos outside of Manila, account for only 327 gaming tables, or less than 18% of the 1,845 total as of September 2016. PAGCOR operated casinos have a combined 565 gaming tables, or equivalent to 31%. The vast majority of gaming tables are focused at Entertainment City, Manila.

The combined total investment costs in the Entertainment City gaming complex is estimated to be at least US$1 billion on facilities and are also required to follow a certain ratio of gaming tables to hotel rooms. These facilities and resorts then additionally attract not only gamblers but also high end tourists and business visitors who chose 5 star hotel accommodation with the related luxury lifestyle. These Manila based gaming establishments are also located close to Manila International Airport (NAIA) for ease of access, and avoiding the serious existing traffic issues.

Currently, there are four operational and integrated casino/entertainment complexes in Manila, of which three are in Entertainment City, and one in Newport City. The first one, with a four year head start, is Resorts World Manila, which is in Newport City. Resorts World Manila is located opposite Terminal 3 of Manila International Airport.

Filipinos and foreigners had the first taste of the four promised Las Vegas- or Macau-styled glitzy casinos in Entertainment City when Solaire Resort & Casino was launched. It is operated by Bloomberry Resorts Corporation.

Almost a year after, City of Dreams also opened to the public. The second mega casino in the Entertainment City gaming strip is operated by Melco Resorts & Entertainment Limited in collaboration with the Philippines’ Belle Corporation. Melco Crown is a major Macau casino-resort operator.

Gambling Companies In Philippines Manila

The most recently opened Casino is Okada Manila, which, like Solaire, is next to the bay, offering its guests a view of the iconic Manila Bay sunset. In March this year, it unveiled a major attraction – the world’s biggest multicolour dancing fountain. It is operated by Tiger Resort Leisure and Entertainment Incorporated.

The fifth casino resort in Manila (and the last of the four in Entertainment City complex) is the Resorts World Bayshore. It is due to open in 2020. It will be the second integrated resort in Manila of Travellers International, which also operates Resorts World.

According to Fitch Ratings, the initial results of the first 3 casinos (Resorts World Manila, City of Dreams, and Solaire) are encouraging, relative to the size of the initial investment. But with increased competition in the industry, earlier developments have taken a hit. Various economic reports have said that the greater Manila market is showing signs of maturation with Resorts World Manila, the first privately-owned resort, currently showing a decline, due to the opening and operations of the newer resorts. However, it is expected that, driven by the opening of the US$2.4 billion Okada Manila Resort, a higher gross gaming revenue is forecast for 2017, along with the continued economic growth in the Philippines. Additionally, Credit Suisse has reported a decline in market share of gross gaming revenues from Resorts World Manila from 50% in 2012 to 19% by the end of this year. However, Credit Suisse have also predicted that Solaire Resorts will dominate the casino market share with 36% in 2017.

Latest data from PAGCOR showed junket-sourced VIP business makes up a third of the private casinos’ gross gaming revenue. VIP gamblers are foreign nationals flown into the Philippines by independent entrepreneurs or junket operators, who arrange credit lines and luxury accommodation for their clients. These gamblers don’t play along with the general and mass market clients, but are ushered into special rooms reserved for them. Growth in the VIP segments has also increased due to proxy betting (illegal in Macau and other casino cities). Proxy betting is a platform by which a person outside the casino gives betting instructions to an agent inside. The VIP junket sector is currently dominated by Korean visitors, as far as overseas visitors are concerned.

However, for the Philippine Government owned PAGCOR casinos, Electronic Gaming Machines (EGMs) or the slot machine market segment makes up the bulk of their gross gaming revenue. PAGCOR data records that nearly 6 out of every 10 EGMs nationwide are owned by the gaming regulator. PAGCOR operated 565 gaming tables, and 10,271 EGMs at Casino Filipino venues, as of the end of September 2016. In the first nine months of 2016, PAGCOR operated casinos recorded gross gaming revenue of Peso23.88 billion (US$ 467,703,000), although this was much lower than the licensed private casinos revenue of Peso79.89 billion (US$1.54 billion).

The Philippine Government has said that it will sell PAGCOR owned casinos to private bidders in the near future, as these can no longer compete with the licensed private casinos. As mentioned earlier, PAGCOR operates 11 casinos nationwide, two of which are in Metro Manila. Currently, under PAGCOR’s charter and national law, 5% of PAGCOR’s winnings is paid to the Bureau of Internal Revenue as franchise tax, while 50% of the remaining 95% is paid to the Philippine Treasury. Currently, other beneficiaries of PAGCOR’s revenue, include the Philippine Sports Commission, the Philippine Board of Claims, Philippine cities that host PAGCOR casinos, as well as the Office of the President’s Project for Social Funds.

Top Gambling Companies In The Philippines

Conclusion

Despite the catastrophic fire at Resorts World Manila earlier this year that caused 39 deaths, the casino industry is predicted to rise with the added investments in new casino resorts, and the improvements to airports, infrastructure etc, especially in the new skyway access roads that lead into the Manila Entertainment Complex on Manila Bay. Additionally, the fact that PAGCOR is preparing for the sale of its existing Philippine Government owned casinos, does present a good opportunity for international companies with an interest in this industry. As mentioned earlier, it has been predicted that casino revenues will increase to US$6 billion in 2018, making the Philippines the fourth biggest gaming center in the world.

Editor’s Note: We had erroneously mentioned in an earlier version of this article that the catastrophic fire had occurred at Solaire Resort & Casino. We deeply regret and sincerely apologize to our readers and the Solaire Resort & Casino management for this inadvertent error.

Dezan Shira & Associates Brochure
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing legal, tax and operational advisory to international corporate investors. Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. This brochure provides an overview of the services and expertise Dezan Shira & Associates can provide.

An Introduction to Doing Business in ASEAN 2017
An Introduction to Doing Business in ASEAN 2017 introduces the fundamentals of investing in the 10-nation ASEAN bloc, concentrating on economics, trade, corporate establishment, and taxation. We also include the latest development news for each country, with the intent to provide an executive assessment of the varying component parts of ASEAN, assessing each member state and providing the most up-to-date economic and demographic data on each.

In this issue of ASEAN Briefing magazine, we provide an introduction to the Philippines as well as analyze the various market entry options available for investors interested in expanding to the island nation. We also discuss the step-by-step process for setting up a business entity in the Philippines, highlighting the various statutory requirements for overseas investors. Finally, we explore the potential for Singapore to serve as a viable base to administer investors’ Philippine operations.

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