The head of the Philippine casino regulator has confirmed that three of Manila’s Entertainment City gaming resorts are among venues approved to offer online gaming to domestic players via their premises using a new “PIGO”, or Philippine Inland Gaming Operator, license.
They are: Solaire Resort and Casino, run by Bloomberry Resorts Corp; Okada Manila, promoted by Japan’s Universal Entertainment Corp; and City of Dreams Manila, operated by a unit of Asian operator Melco Resorts and Entertainment Ltd.
PIGO licences are for online gambling services to a domestic market, rather than the so-called “POGO” – Philippine Offshore Gaming Operator – permits, for services aimed at players overseas.
The latter came under scrutiny from China recently as part of its campaign against mainland China residents engaging in online gambling.
Andrea Domingo, chair of the Philippine Amusement and Gaming Corp (Pagcor), confirmed the information during the interview live online from gaming industry news provider Asia Gaming Brief, titled “Life after POGOs”.
Ms Domingo said that the PIGO services – which she added Pagcor was referring to as “live shots” – would be aimed at “VIP players” already on the authorities’ player database, and players would need to be Philippines “residents”.
PIGO players would also need to deposit play funds at the land-based casino.
PIGO tax rate, POGO comeback
The Pagcor boss further noted there would be a 25 percent tax on gross gaming revenue (GGR) generated by PIGO licensees, and a 5 percent franchise tax payable to the country’s Bureau of Internal Revenue.
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