Philippines - Cagayan Special Economic Zone

Description:
In the Philippines, the First Cagayan Leisure and Resort Corporation regulates and monitors on behalf of the Cagayan Special Economic Zone, all activities pertaining to the licensing and operation of online gambling. As the Master Licensor, First Cagayan is also responsible to maintain the telecommunication infrastructure and internet connectivity. It is interesting to note that although CEZA's Interactive Gaming Rules and Regulations establish a number of probity checks on the character, business reputation, financial background and current financial position of license's applicants, there is no requirement for them to incorporate in the Philippines and any operator with a license in another jurisdiction deemed appropriate by the Master Licensor may be granted a provisional license immediately upon submission of application. Here is another licensing authority hoping to attract a quantity of online betting sites instead of quality betting operations.

Licensing authority:
First Cagayan Leisure and Resort Corporation

Website:
http://www.firstcagayan.com

Contact:
info@firstcagayan.com

Resources:
Interactive Gaming Rules and Regulations