The approval by PAGCOR comes as the gaming regulator is working to get rid of unregulated operations in the country. It announced toward the end of 2018 that online gambling operators would face huge penalties if they didn’t have the necessary local approval.
Those entities interested in offering products or services in the country can apply for the Philippine Offshore Gambling Operator (POGO) license offered by PAGCOR, which is given to offshore companies that target consumers in the country.
In a press release about the license approval, Play’n GO CEO Johan Törnqvist stated: “We have a strong presence in regulated markets, and that continues to grow as we expand in both size and standing in the industry. This authorisation opens up a wealth of new opportunities for us in the region and fits perfectly with the strategy that we plan to implement in the coming future.”
Play’n GO has been offering a variety of online casino products since its founding in 2005. It has supplied games such as “Raging Rex” and “Cash Vandal,” a four-reel online slot machine that has received several accolades. The company currently operates in Denmark, Sweden, Italy and the UK.
Source: GMB
