Philippine integrated resorts deny regulatory breaches in online gaming

Three major integrated resort-casino operators in the Philippines—Solaire, Newport World Resorts, and Okada Manila—have asserted that their online gaming operations strictly adhere to all existing laws and regulations.

This statement comes as the Marcos administration is reportedly reviewing proposals to raise taxes on online gambling and impose tighter restrictions.

The companies stated that their online gaming services are a regulated and responsibly managed extension of their primary land-based operations, emphasizing their commitment to ethical business practices and responsible gaming under the oversight of PAGCOR.

To comply with PAGCOR's geographic restrictions, their platforms utilize advanced geo-fencing and IP-filtering technologies to block players from outside the Philippines.

Their operations rigorously follow Anti-Money Laundering (AML) regulations by implementing comprehensive Know-Your-Customer (KYC) procedures and player verification within 72 hours of registration.

The firms also asserted that they fully comply with PAGCOR regulations when it comes to licensing and accreditation, anti-money laundering regulations, marketing and advertising policies, data privacy, self-regulation, and content review processes.

Additionally, Solaire, Newport, and Okada have each invested at least $1 billion to boost tourism and have allocated 2 percent of their gross gaming revenues for development projects for various foundations.