Pagcor boss affirms some Ent City casinos have PIGO permits
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Solaire Resort and Casino, Okada Manila and City of Dreams Manila are among venues approved to offer online gaming to domestic players via their premises using a new PIGO licence. The licence is for online gambling services to a domestic market, rather than the so-called POGO – Philippine Offshore Gaming Operator – permits. PigO licences were issued to players overseas. The new licence will be aimed at VIP players already on the authorities’ player database. They will need to deposit play funds at the land-based casino. Facial recognition technology will confirm the identity of players.
There is a 25% tax on gross gaming revenue generated by PIGO licensees and a 5% franchise tax. A licence fee of PHP100,000 (about US$2,00) is applicable. About 35 POGO licencees restarted operations after suspension earlier this year. DFNN Inc, a Philippine-listed firm, also has a PigO permit granted in November.
