PAGCOR could allow casinos to take online bets
The regulator has received several requests during the Covid-19 pandemic and it is currently analysing the possibility.
Philippines.- The Philippines Amusement and Gaming Corp (PAGCOR) confirmed it is considering the possibility of allowing land-based casinos to take online bets due to the Covid-19 crisis.
The regulator confirmed that it has received requests from operators to allow online bets from known patrons in order to reduce the financial impact of pandemic-related restrictions.
PAGCOR said the departments involved are currently conducting studies on the proposals.
The regulator is already evaluating the legalisation of streaming sabong events in authorised arenas.
An industry source said the change was likely to be made soon but only for Philippine clients.
Casinos in the Philippines were shut in March and were allowed to reopen at 30 per cent capacity in August.
PAGCOR’s tax income has halved as the pandemic and the decision not to allow Philippine offshore gaming operators with tax debts to resume business has seen many operators leave the country.