Francis Escudero

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    Pagcor defends right to issue online licenses

    State-run Philippine Amusement and Gaming Corp. (Pagcor) has reiterated its authority in granting offshore gaming licenses in the country, reports The Standard. “Pagcor stands by its ground that it has been carrying out its mandate within the bounds of its charter to “operate, authorize and license games of chance, games of cards and games of […]

    Lawmaker questions Pagcor’s authority

    Philippine Amusement and Gaming Corporation (Pagcor)’s authority over online gambling has been pulled into another round of questioning by Sen. Francis Escudero. According to the Manila Times, the senator noted at a news forum last week that there is no clear policy on who is regulating online gambling in the country. Escudero said it was […]

    AML laws seen lacking teeth

    Casino operators in the Philippines have been attending workshops on how to comply with the country’s new anti-money laundering regulations, though some industry experts say the rules are still are not strong enough. The reporting thresholds are similar to Macau, and some say that's too high for the market.