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Online Games

PAGCOR licenses 40 offshore gaming operators under new IGL scheme

Tuesday 21 de May 2024 / 12:00

2 minutos de lectura

(Manila).- PAGCOR has issued an initial 40 licenses under its newly named Internet Gaming Licensees (IGLs) scheme according to a list made public late last week.

PAGCOR licenses 40 offshore gaming operators under new IGL scheme

Philippine gaming regulator PAGCOR has issued an initial 40 licenses under its newly named Internet Gaming Licensees (IGLs) scheme according to a list made public late last week. There are also nine provisional IGLs, previously known as POGOs.

The revised list of IGLs comes after PAGCOR last year placed all POGO licensees on a probationary stance and required them to reapply for licenses as part of a new regulatory framework developed in response to multiple instances of criminal activity detected within the industry.

Inside Asian Gaming was the first to reveal the rebranding of POGOs to IGLs, with PAGCOR Chairman and CEO Alejandro H Tengco revealing during an interview in October that the agency planned to issue between 55 and 60 licenses. He added that there will “no longer be service provider licenses, it will just be an IGL license.”

According to recently released PAGCOR figures, offshore gaming operators brought in Php3.15 billion (US$54.3 million) in revenues for the regulator in 2023.

Categoría:Online Games

Tags: PAGCOR,

País: Philippines

Región: Asia

Event

PGS, Perú Gaming Show 2024

12 de June 2024

Gambling regulation in Peru: evolution towards stability and legal certainty

(Lima, Exclusive SoloAzar) - From the repeal of the 20% tax by the Constitutional Court to the implementation of the Reorganisation and Formalisation Law, the regulation of gambling in Peru has undergone multiple changes. In this article, SoloAzar summarises the presentation by Dr. Constante Traverso, lawyer and head of APEJA, during the PGS, who underlines the need for a stable and fair public policy.

Wednesday 19 Jun 2024 / 12:00

Win Systems concludes a successful participation in Peru Gaming Show 2024

(Barcelona).- Win Systems, a leading technology provider for the gaming and entertainment industry, celebrates a successful participation in the recent edition of the Peru Gaming Show (PGS), which took place on June 12th and 13th at the Jockey Convention Center in Lima, Peru. The event was a perfect platform to showcase the company’s innovative solutions and cutting-edge products, specifically designed for the Peruvian market.

Wednesday 19 Jun 2024 / 12:00

The impact of AI on marketing campaigns, a featured topic at PGS 2024 conferences

(Lima, SoloAzar Exclusive).- Rony Vexelman, Marketing Manager of Optimove, presented the conference “Maximizing AI, the evolution of roles in iGaming”, within PGS event, held last week in Peru. From SoloAzar we share the highlights of the talk that shows how AI impacts online gaming and sports betting marketing campaigns.

Tuesday 18 Jun 2024 / 12:00

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