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.
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
SBC Summit Americas 2025
13 de May 2025
Uplatform Aims to Redefine iGaming Success with Networking, Localization, and Customer Journey Mapping
(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, Uplatform emphasized the power of strategic networking, data-driven localization and CJM to help operators thrive in the competitive iGaming market. María, Head of Marketing, shares how understanding regional nuances and focusing on overlooked player touchpoints can elevate brands from mere presence to lasting trust. Dive into her insights on industry trends, innovation, and why creativity is a rare gem in expos.
Monday 16 Jun 2025 / 12:00
ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM
(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.
Friday 13 Jun 2025 / 12:00
Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm
(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.
Thursday 12 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.