Gambling sublicense in the Philippines: an affordable alternative to Curacao
The Republic of the Philippines is an island nation in Southeast Asia, where the gambling industry is regulated by the government and, along with taxation, is the main source of income for the country. The gambling business, both in land-based casinos and in the online gambling sector, is controlled by the state regulator and operator in one person - the Philippine Amusement and Gaming Corporation (PAGCOR).
In connection with the recent change in legislation in Curacao, which entailed an increase in the cost of maintaining a license, many entrepreneurs are considering a Philippine gambling license as an affordable alternative solution, as well as an opportunity to gain access to the wide and profitable Asian gambling market.
Features of a gambling sublicense
Gambling licenses issued by PAGCOR have a high reputation in the global gaming community. In addition, the offshore gambling operator sublicense provided by PAGCOR has a number of advantages:
- the ability to act legally, reliably and transparently under the main POGO license;
- coverage - worldwide, with the exception of only the Philippines, the UK and the USA;
- unique "License as a Service" model;
- opportunity for a wide range of gambling services, including casinos, online gambling, bingo and other forms of gambling entertainment;
- there are no requirements for company registration or the presence of employees;
- fast, simple and simplified application process;
- there are no obligations for internal inclusion or banking obligations in the country;
- provided with a dynamic PAGCOR seal and an online verification solution;
- prompt decision-making and confirmation.
The period during which the applicant receives a sublicense is no more than 1-2 months after submitting the application.
How to get a gambling sublicense in the Philippines
In order to obtain a PAGCOR gambling license in the Philippines, it is necessary to provide documents, the list of which is determined by the regulator.
For fast and successful obtaining of a gambling license in the Philippines, contact IT-OFFSHORE lawyers who have successful cases in this area.