Home | Contact Us

All to play for

Well connected

Ahead of the game

Applications boost

The first and only

No need to gamble

Unrivalled benefits

 

 

 

The first and only

The Cagayan Freeport has become a gateway to Asia for many egaming operators and intends to continue working hard to maintain its competitive edge

The Cagayan Freeport in northern Philippines is the only egaming licensing Jurisdiction in Asia and is a world-class centre where industry, commerce, finance and investment thrive amid tourism and recreation.
The Freeport enjoys proximity to lucrative overseas markets such as Taiwan, Hong Kong, Japan, Korea and the People’s Republic of China. It is a location where foreign investors from outlying countries in the Asian region and other parts of the world engage in profitable business ventures in a socially responsible environment. Egaming activities in the jurisdiction are regulated by the Cagayan Economic Zone Authority (CEZA). The regulations being implemented in the jurisdiction and observed by egaming licensees conform to worldwide industry standards.


To closely regulate and monitor the activities of the licensees and observe an efficient and convenient way of addressing the needs of the licensees, CEZA has appointed First Cagayan Leisure and Resort Corporation as master licensor for Internet Gaming in the jurisdiction. As master licensor, First Cagayan is responsible for monitoring all activities pertaining to licensing and operation of interactive games in the Freeport.

Sure and steady

Apart from the geographical advantage of the Freeport, it also boasts a world- class telecommunications infrastructure that supports a very stable and reliable internet connectivity that surpasses the requirement of all its licensees at reason- able cost. Due to the superior bandwidth available, the jurisdiction is emerging as the industry's centre for live-video streaming of ecasino operators. Licensees operating an ecasino via live-video streaming have generated huge turnover from Asian bettors who prefer to play via a live-video stream. As proof of this advantage, www.bigjoycasino.com,  www.casinolagonda.com, www.dafa888.com, www.megasportscasino.com and www.samvocasino.com are very popular Cagayan jurisdiction ecasino sites among Asian bettors.

"Licensed egaming entities are afforded a degree of independence to ensure their economic goals are not compromised"

While live-video streaming is considered a new innovation in the egaming industry it has become extremely popular especially for baccarat, blackjack, big and small (sicbo), roulette and other tradition- al Asian dice and card games. Egaming operators who tap the wide Asian market have established and are operating video- streaming studios in the jurisdiction.
In terms of sports betting, the jurisdiction has attracted a number of well-known sportsbook operators from Asia. Caspo Incorporated and Sportsbook- is Online, which dominate sportsbook operations in Asia secured their license in the jurisdiction because local labour and the standard of living for its foreign agents are cheap compared to other countries in Asia thereby making their operations cost-effective.

Room to move

Licensed egaming entities, while well-regulated, are not burdened by heavy restrictions. They are afforded a degree of independence in their operations and marketing to ensure their economic goals are not compromised. They enjoy both fiscal and non-fiscal incentives. The competitive edge in information and communications technology and the ready supply of highly skilled and trainable labour meet every investor consideration in selecting a viable egaming business environment.
To date, the jurisdiction has more than 20 quality licensed interactive gaming operators and is continuously attracting new operators as well as licensed operators from allover the world. The biggest reputable software brands -Microgaming, Play tech and Realtime Gaming service and most of the egaming operators have likewise established business operations in the jurisdiction. All of them regard the jurisdiction as their gateway to Asia.


The regulator of the jurisdiction expects every licensee will conform to its requirements for safe, ethical and efficient online gaming operations. It is the vision of both CEZA and First Cagayan that the Cagayan Freeport will continue to be regarded as a safe and reliable egaming jurisdiction with its competitive licensing programme, cost-effective regulatory framework and disciplined operator and player protection policies. It is the jurisdiction's mission to evolve with the egaming industry, putting it on a par with, if not better than, other egaming jurisdictions in the world.

Domicile Overview

Location    :      Cagayan, Freeport, Philippines
Population :      Cagahan, Northern Philippines: 2.8 million
Languages :      Fillipino (official language)..
English is the main language in business and, government. 
Local laws are also written in English.
Timezone   :      GMT +8 hours

Operation issues

Do local banks process online gaming transactions?
      Yes

What is the local work force like? Education? Skill?
      The Philippines has a ready supply of highly skilled and trainable labour, including professional, technical, managerial, and skilled workers.  Workers are typically fluent in English

What AML requirements does the domicile have?
      Egaming companies licensed by Cagayan Economic zone Authority (CEZA) are required to comply with Republic Act No. 9160 (An Act Defining the Crime of Money Laundering.  Providing Penalties therefore and for other Purposes) and the implementing  Rules and Regulations of Republic Act No. 9160.

Licensed firm include

  • Zipang Casino
  • Bayview Technologies
  • Caspo
  • Samvo Asia Pacific
  • Central Digital Trading
  • Kolarmy Technology

Contact Details
First Cagayan Leisure and Resort Corporation
Justin Hernandez (Marketing Manager)
Tel: +632 6385556
Email: infor@firstgacayan.com

 

Telecoms
The Philippines boasts modern, world-class telecommunications facilities to provide quality broadband and high-speed data services.  Internet gaming operators are serviced by its accredited internet data  centre, which can provide 24/7 services  such as: managed server co-location that provides a fault-tolerant secure environment, bandwidth  provisioning up to STM-1 rate and managed services.

Key data

When did the jurisdiction begin licensing egaming sites?
      2004

What type of license does it award?
      Interactive Gaming license to operate online interactive casinos, sportsbooks, fixed odds, betting exchanges lotteries and bingo.  Interactive Gaming support Licnese for any business that offers goods or services to egaming industry.
     
What are the requirements for each license type?
      The License application must be made by a duly constituted business enterprise organized in the Philippines  or any foreign country who is a CSEZFP- registered enterprise pursuant to the Charter of the Cagayan Economic Zone Authority.  The application must be made in writing to First Cagayan in such form as is specified by First Cagayan.  The application must be accompanied by the prescribed application fee.  Also, the applicant is required to pass the probity evaluation/ check.

Does the domicile require software testing /licensing?
      Yes.

What the ongoing regulatory requirements?
      All licensees are required to comply with the provisions of Republic Act 7922 (CEZA Charter), CSEZFP  Interactive  Gaming Rules and Regulations and amendment thereto; and the Reporting Guidelines of the Regulator.

What are the start-up application fees?
      The application fees are as follows:

  • Interactive Gaming License (operator): US $40,000
  • Restrictive Gaming License : US $28,700
  • Interactive Gaming Support  License: US $40,000

What are the recurring licensing fees?
      An annual licensee fees of £ 35,000 for an online gambling license.  Online Gambling Duty is payable on the gross gaming yield at the following rates:

  • For gross gaming yield not exceeding £ 10m per annum: 2.5%
  • For gross gaming yield of more than £ 10m per annum but not exceeding £ 40m per annum: 0.5%
  • For gross gaming yield exceeding £ 40m per annum: 0.1%

What is the tax rate?
      For ecasino operators, the gaming levy is 2% of their gross win per month.  Sportsbook operators are required to pay a fixed annual gaming levy of US $48.000 on the first year and US $60,000 on the subsequent years, payable upon the issuance of the license. 

Contact details
      First Cagayan Leisure and Resort Corporation
Justin Hernandez (Marketing Manager)
Tel: +632 6385556
Email: infor@firstcagayan.com

Telecoms
      The Philippines boasts modern, world-class telecommunications facilities to provide quality broadband and high-speed data services.  Internet gaming operators are serviced by its accredited internet data centre, which can provide 24/7 services such as: managed server co-location that provides a fault-tolerant secure environment, bandwidth provisioning up to STM-1 rate and managed services.

Domicile Overview

Location     :     Netherlands Antilles, Caribbean
Population :      218, 126 (July 2004 est.)
Languages :      Dutch (official), Papiamento (a local mixed dialect ) predominates,
English widely spoken
Timezone   :      Standard Time (GMT – 4 hours)

Operational  issues

What AML requirements does the domicile have?
      The Netherlands Antilles is a party to and has ratified the Vienna Convention.  It is in compliance with FATF requirements and new AML and CFT guidelines issued 16 June 2003.

What physical presence do operators need on the island, such as members of staff and offices?
      None, except for a registered office in the Netherlands Antilles provided through a trust company.
     
Do local banks process online gaming transactions?
      Yes – specific payment services are provided by Global Cash NV.  More details are available at www.globalcash.an

Does the domicile allow the repatriation of profits?
      Yes

 

Licensed firm include
      More than 50 egaming firms currently operate from Curacao.

Key data

When did the Curacao begin licensing egaming sites?
      1993

What type of license does it award?
      For the operation  of games of chance on the international market via services lines.
     
What are the minimum requirements for each license type?
      A clear copy of the applicant’s valid passport, duly certified by a notary: proof of residential address, such as an original copy of a recent phone or utility bill: a letter of reference from a notary public or lawyer who has known the individual for at least two years: a certificate of good standing from law enforcement stating no prior criminal record: a bank reference: nature of the source of the funds to be used for the applicant’s business.

Does the domicile require software testing /licensing?
      Yes.

What the ongoing regulatory requirements?

  • The licensee shall keep a daily survey, showing the games of chance played, the number of times each game was played, the stakes received in the games and the prices paid in money.  The period which applies to the storage of business data pursuant to the Act of the Central Government of the Netherlands  Antilles on Profits  Tax (Pub, Bull 1965 no.58).  Licensee is required to notify us of any changes in financial condition, beneficial ownership interests. 

What are the start-up application fees?
      Probity investigational fees and company formation depend on the complexity of the corporate structure and number of shareholders.  License fees are paid monthly in advanced.

What are the recurring licensing fees?
      Fees vary depending upon several factors.  They are paid monthly in advance and range from around US $1,500 – US $5,900.

What is the tax rate?
      2%.

Telecoms
      Cyberluck’s (Curacao’s government- supported telecom infrastructure provider) strategic partner United Telecommunication Services is one of the Caribbean’s leading providers  of telecoms, serving consumers, businesses and governments mission critical services for more than 90 years.
      Cyberluck’s Conet division provides  co-location facilities, technical staff and onsite management at the UTS facilities.  Curacao has constructed an IT infrastructure with multiple optic glass-fibre cables connecting the island with the Caribbean and both the north and south US mainland.

Contact details
      Gaming Licenses
      Anthony Dick, Curacao licensing administrator
      Tel: +599 9 465 1134
      Email: licensing@cyberluck.com
      Website: www.cyberluck.com

      Co-Location Centre
      Scott Moar, Director of technical services
      Tel: +599 9 465 1134
      Email: infor@cyberluck.com

 

 

 

 

--------------- copyright 2005-06 all rights reserved www.poker.tj --------------