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pagcor license online gamingFirst Cagayan Resort & Leisure Corporation – FCRLC
The First Cagayan Resort & Leisure Corporation (FCRLC) was created by the Cagayan Economic Zone Authority (CEZA) to be the master licensor and regulator of all gambling entities in the Cagayan Special Economic Zone and Freeport. Since its commencement, the FCRLC has been pagcor license online gaming responsible for issuing licenses to different gambling operations on behalf of CEZA, with the hopes of one day expanding those operations into domestic Cagayan valley casinos. As the master licensor the FCRLC’s purpose is:To operate, manage and supervise gaming activities.Lease tourism-related facilities.Establish and set up a network operation center.Maintain telecommunication facilities.Regulate and monitor on behalf of CEZA.No, The FCRLC must abide by national Philippine Gambling Laws. Executive Order No. 13 states that no domestically licensed online gambling entity will allow Filipino’s to gamble on their sites. It is also illegal for gambling establishments to accept bets on any Philippine events. Recently the President enacted the Republic Act No. 10927 which requires domestic and online casinos now keep detailed records of their players and transactions. This law is to protect the casinos from money laundering schemes but consequently makes the gambling laws tougher for casino operators. Our guide to Philippine legal online casinos can be used as a resource for players looking for legal online casinos in the Cagayan Special Economic Zone.Beingpagcor license online gaming the master licensor of the Cagayan Special Economic Zone the FCRLC has a responsibility to their fee-paying licensees. These responsibilities include but are not limited to:Making sure applicants have no criminal record.Confirming software and specific games of chance conform to all regulations.Maintaining telecommunication infrastructure and internet connectivity.Monitoring game payouts.Making sure complete records of transactions are available for inspection.Collecting fees due to CEZA.Enforcing CEZA’s rules and regulations.On top of their operating and regulation purposes, they are also responsible for facilities and activities that include games, internet games, recreational sports, go……
