The Philippine Amusement and Gaming Corp. (PAGCOR) is tightening oversight of gaming operators, introducing new fees for venue changes, enforcing anti-money laundering compliance, and imposing restrictions on advertising, according to a report by BusinessWorld .
Under the updated rules, operators must pay a processing fee when applying to relocate, expand, or reduce their gaming venue area. PAGCOR said the fee is part of requirements to ensure compliance with regulatory standards. The regulator also strengthened anti-money laundering measures, requiring operators to adopt stricter customer due diligence and reporting procedures.
Additionally, PAGCOR is clamping down on advertising by gaming operators, setting guidelines to prevent misleading promotions and ensure responsible marketing. The move aligns with the government's broader efforts to curb problem gambling and maintain the integrity of the gaming industry.