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Any online gambling site licensed in the Philippines is restricted from offering its services to Filipinos. This has created a situation in which PAGCOR has a monopoly on land-based gambling but is cut off from its own market online.
In the Freeport area, there are numerous independent casinos that are allowed to offer their services to tourists only.
Cagayan Freeport also acts as an online gambling licensing jurisdiction. A license there grants access to the greater Asian area, which is a booming and untapped market.
Any limited company interested in getting a license can apply for one. The close proximity of the Philippines to the rest of Asia and its high level of development make it an attractive base of operations for any company interested in tapping the Asian market.
All game systems must be tested and approved, and the company must keep an adequate amount of cash on hand to cover all player balances.
They are free to provide any other game. There are over variations of the slot machine games available in the Philippines casinos online, making them by far the most played games.
This makes these licensed casinos very safe places to invest your money and makes them some of the most tightly regulated casinos around. For security and peace of mind, online casinos in the Philippines make a lot of sense.
Bronze Casino is relative new in the online gambling industry. This online casino site is owned and operated by Alpha Interactive Solutions N.
V company and boasts of offering the most generous bonuses and promotional offers. However, the welcome bonus package is subject to 45 times wagering requirement before the winnings can be withdrawn.
Other than the lucrative welcome bonus, Bronze Casino has a rich game portfolio which is powered by the leading software developers like NetEnt, Microgaming, and Betsoft.
The games offered include online slots, table and cards, jackpots, and live casino games. All games are available in instant play mode and they are fully compatible with major mobile operating systems.
As we can see, the Philippines offers an interesting choice for casinos online gamblers, providing a broad range of venues from within Cagayan Freeport or the PAGCOR regulated rest of the country.
With the tight regulation, the casinos here provide peace of mind and fair games, which are always good things to help make playing more enjoyable.
In terms of choice, for online casinos Cagayan is the place to go, all the big providers operate sites from the area and offer the same broad choice of games, offers, and bonuses as they do in other locations across the world.
The Southeastern Asian nation known as the Republic of the Philippines spans a large swath of the Pacific Ocean, consisting of more than 7, different islands.
The Philippines is well-known for having a strong gambling culture, with regulated casinos being present in the country since the s.
Most gaming is controlled by a state-owned corporation, which also provides for some limited opportunities for online gambling — though Filipinos have to look to overseas sites for the full Internet casino experience.
Gambling has present in the Philippines for as long as anyone can remember, though it was not always handled in such a controlled manner as what exists today.
Up through the mids, illegal betting operations were ever-present throughout the country, with both traditional Filipino games and some more recognizable global options being present — if you knew where to look.
While bingo and parimutuel betting on jai alai were permitted, it was clear that most of the wagering taking place throughout the nation was being done illegally.
Wholly owned by the state, PAGCOR has grown to become the largest source of revenue — other than taxes — for the national government.
However, the corporation started relatively small: The floating operation was the only legal game in town until , when a fire caused critical damage to the MS Philippine Tourist, the luxury liner that hosted the venue.
Today, there are dozens of licensed casinos that are operating throughout the Philippines; most of these are in the Manila metro area, ranging from small card rooms to hotels that have been authorized to include slots or other games on their premises.
However, the true scope of the effort was only seen in Entertainment City, where the government made plans to open a series of major resorts that would rival those seen in Las Vegas, Macau, and other major destination cities.
This project moved into full swing in , when the Solaire Manila was opened. It was to be the first of four such resorts to open in the area; the second, the City of Dreams Manila , opened in early