The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government-owned and controlled corporation under the Office of the President of the Republic of the Philippines.
The Corporation was created during the Martial Law years by virtue of a Presidential Decree (PD1067-A) issued by then President Ferdinand Marcos in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then. The law creating PAGCOR was later amended and consolidated under PD 1869 otherwise known as the PAGCOR Charter
In 2016, PAGCOR took bold steps to enforce stricter gaming regulatory policies in its aim to curtail the proliferation of illegal online gaming activities and to ensure that they are properly regulated. In order to safeguard the welfare of Filipinos, at the same time meet the agency’s revenue targets to help fund the government’s nation-building programs and soci-civic projects, PAGCOR took over the licensing of online gaming operations.
New Wave Infotech
We are a business support services provider based in the Philippines and hold, inter alia, POGO licence number 22-0025. Microsoft Word - (v7.18.23) List of Offshore Gaming Licensees (pagcor.ph)– see entry #18 (number accurate as per July 2023)
We retain extensive marketing services capacity (offices and personnel) to support the utilisation of our licences.
In 2023, we have been pleased to welcome Mr Scott Masterton (of etec Global Ltd) onto our Board as an Executive Director and shareholder and Mr Andrew Deeks, as an investor and shareholder.
We are a team of iGaming specialists with a keen interest in iGaming regulation and taxation policies. We are currently retained by a number of state and national Governments to deliver strategies for revenue maximisation under the proviso to raise tax revenues without raising taxes.
From a licence and regulatory perspective, our specialist team have previously held and retained UKGC Sports Betting, Pools Promoters and Remote Gambling software licenses.
In our work with New wave Infotech we are currently working with a series of agents and introducers to achieve optimum market reach for the licence. If you have any questions concerning any company that may have contacted you, please refer your enquiry to etec Global. Our full contact details are available in the Contact Us section.
Please note: A comprehensive KYC/DD pack detailing the Directors, UBO’s and agreements between New wave Infotech and etec Global is available upon request