The Philippine Amusement and Gaming Corporation has directed all licensed casino operators to implement revised anti-money laundering and counter-terrorism financing procedures. The regulatory update applies immediately across the country's gaming sector.
Regulatory Compliance Requirements
The new directive requires establishments to upgrade their existing compliance frameworks. Operators must align their internal monitoring systems with current financial regulations to ensure consistent transaction tracking and risk assessment.The measures apply to all gaming venues under PAGCOR jurisdiction. Management teams are tasked with reviewing current protocols and integrating the enhanced verification steps into daily operations.
The announcement follows ongoing efforts to strengthen financial oversight in the Philippine gaming market. According to iGaming Express, the updated controls aim to improve transparency and align local casino operations with international financial standards.