All About Philippines Casinos
A casino is primarily a gambling facility. However, nowadays casinos are world-wide entertainment hubs that offer fun and thrills in addition to winning opportunities to their guests. They may be standard land-based casinos, or, increasingly popular, they may be housed online. Both traditional casinos and online casinos are enormously popular.
Land-based casinos are often combined with various other amusements, such as restaurants, theme parks, hotels, shopping malls, arcade games, or concert halls, to name but a few, which are all meant to offer an all-rounded entertainment experience and attract players. The online casinos also try to attract their players through bright lights, colours, and sounds. In addition, they often boast numerous online bonuses, which are comparable to land-based casino promotions, in order to promote themselves and attract players.
There are literally hundreds of casino games available, and some of the most common ones include slots, blackjack, roulette, and poker. Gambling is a multi-billion dollar industry worldwide.
Casinos in the Philippines
The attraction of casino games is certainly not absent in the Philippines, and casinos there are as popular as they are elsewhere. The country boasts large casino centres as well as smaller gambling halls, such as eGame parlours, poker clubs, and sports betting outlets. The casinos in the Philippines cater to both locals and tourists from all over Asia, making them extremely popular.
The first casino in the Philippines was a floating casino in Manila Bay, run by the Philippine Amusement and Gaming Corporation (PAGCOR). It was established in 1977, but burned down only two years later. Since then, the establishment of land-based casinos has been more dominant, and the Philippines now hosts numerous casinos and entertainment centres that pull in the crowds.
The Licensing Authorities
Most casinos in the Philippines are run by the Philippine Amusement and Gaming Corporation (PAGCOR). PAGCOR itself has established numerous land-based casino hubs. The corporation is exclusively owned and controlled by the government, giving the state immense control over all gambling activities in the Philippines. All casinos that are accessible to locals are governed by the PAGCOR.
However, there is one competing licensing authority in the Philippines that challenges the PAGCOR casino monopoly. This is the Cagayan Special Economic Zone and Freeport, which operates in the north-eastern tip of the country.
First established in 1995, the Cagayan Special Economic Zone and Freeport casinos are governed by special rules and are awarded their own special licences. These casinos are targeted primarily to hotel guests and, initially, were only accessible to foreign tourists. Since then, the laws have relaxed slightly and all hotel guests, including Filipino guests, are now allowed to access them. However, these casinos are not open to the local population not currently residing in a hotel in the region.
This may create a great divide in the casino industry in the Philippines, but it has by no means hindered the success and popularity of casinos and their enjoyment by Filipinos, and it is both land-based and online casinos that have soared in the Philippines since the introduction of the first gambling establishment.