PAGCOR Clarifies Playtech Licensing

The Philippines gaming regulator PAGCOR has clarified its position on granting Playtech a monopoly on providing random number generating games to POGO license holders. The regulator told CalvinAyres.com that Moford Inc., a Playtech distributor was simple the first company to meet its licensing requirements and that it is still accepting applications.

PAGCOR Clarifies Playtech Licensing

The Philippines gaming regulator PAGCOR has issued a clarification on its granting a Playtech company a license to distribute random number generating casino to its POGO licensees.

The regulator issued a memorandum certifying Monford Inc., a company owned by Playtech as the first and only gaming software provider for its POGO licenses. However, the regulator told CalvinAyre.com that it had not granted the company a monopoly.

PAGCOR referenced a September 4 memo that gave POGO licensees 15 days to “apply for the necessary accreditation for their gaming software providers.” The regulator said Montford’s accreditation was made as it was the only company that complied with the directive at the time.

The regulator said it is still accepting applications for accreditation as gaming software providers and that “does not aim to limit POGO licensees on their preference regarding the use of RNG-based games for their respective offshore gaming operations” and the regulator “aims to uphold not only the legality of the conduct of offshore gaming operations in the Philippines but also the integrity of the industry.”

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