PAGCOR, the Philippines Amusement and Gaming Corporation, is a state gambling monopoly that controls all gambling operations within the Philippines. The group has exclusive rights to license and operate gambling establishments throughout the country. PAGCOR is putting a hold on issuing any new casino licenses and they will be closely monitoring existing license holders. This move is being made as the new president, Benigno Aquino III has made it know that he wishes to control the growth of gambling within the country.

It has been speculated that PAGCOR will begin asking casinos that are operating outside of known tourist locations to relocate their operations in order to accomodate foreigners. It is legal for the locals to gamble at the casinos, but most of the revenue that is generated by the land-casinos in the Philippines comes from the pockets of foreigners.

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Microgaming has inked a new deal with PAGCOR, the Philippines government controlled gaming corporation. They will provide online casino games to PhilWeb Corp’s new online casino venture, Vibrant Vegas. CEO, of PhilWeb Corp, Dennis Valdes, commented, “Our gaming operations are currently going from strength to strength and we are delighted to be delivering a new casino platform to market,” He added, “We are currently undergoing rapid growth, and Microgaming
is the obvious partner for us, due to its ability to deliver the highest quality tailored software at an unrivalled speed to market. We firmly believe that no other provider comes close when it comes to games content. We anticipate a long and successful partnership with Microgaming, and look forward to the company playing a significant part in our future growth ambitions.”

PAGCOR regulates and operates all casino gaming within the Philippines and it has over 170 e-Games cafes throughout the country where gamblers will be able to play their favorite casino games offered through MicroGaming software. Fredrik Lonnqvist from Microgaming, explained, “The partnership with PhilWeb represents a real coup for Microgaming. We are proud to have been selected by such a dynamic company with such a strong reputation in its market. We believe
that our software gives our operators a competitive edge when it comes to game variety, quality, and technical sophistication. We are committed to delivering the most exciting and rewarding online gaming experience, to Vibrant Vegas players.”

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