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The gambling market of the Philippines is rapidly developing, as more and more citizens of this country are attracted by the opportunity of winning great sums of money. As the number of players constantly grows in this country, there appear more and more online gambling platforms that provide such players with an outstanding diversity of games. Surely, it goes primarily on the most credible and reliable gambling platforms in the Philippines. With the rapid technological development, there appear more and more such casinos in the Philippines.

As the industry has gained momentum in recent years, there’s a solid reason to pay more attention to this industry and the promises it brings for the players from the Philippines. If you’re into finding a truly reliable gambling website in the Philippines, make sure to check our recent article. We will explain how to find the most reliable legal casinos that can bring you some remarkable success. From our expertise, we certainly know which aspects are the most important when it comes to choosing your perfect gambling attraction. So, get ready for a journey into a rich world of legal online casinos available to gamblers in the Philippines.

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Although the Philippines offer some great opportunities for digital casino enthusiasts, there are still certain gambling restrictions in the country. In this chapter, we will discuss this question in more detail.

First of all, you should consider the fact that Filipino players may legally participate in online casino entertainment as long as they play the attractions of a company that is located and regulated outside of the Philippines. The point is that the country’s gambling laws don’t prohibit players from participating in legally licensed and regulated offshore Internet gambling. Although the country’s policies are rather strict when it comes to developing local gambling websites, they don’t prevent the country’s residents from trying luck in foreign-based casinos available in the market of the Philippines.

This fact was confirmed by a 2012 court decision stating that there is no provision in the presidential decree or any other gambling law in the Philippines that prohibits the country’s residents from betting online. Many experts think that such policies are damaging for the country’s economy because the emergence of the local casinos could bring significant incomes into the country’s budget. However, the situation remains stable and there are no signs of legalizing Philippine-based casinos in this Asian state.

However, this situation doesn’t have any severe impact on local gambling enthusiasts. After all, they may always try luck in various foreign casinos. This means that you may feel secure about the legal status of your chosen casino if it is based outside the Philippines. Surely, it is not only about the location of your chosen gambling website. There are many more points to consider. Apart from not being prohibited in the country, such websites should display many more valuable features proving their credibility. Make sure to review them to find not only legal but also safe gambling websites for players from the Philippines.

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All online casino Philippines have a lot of different casino games like roulette, blackjack, baccarat and many others

What Filipino gambling laws govern the industry?

As we have already touched on the topic of gambling regulations in the Philippines, let’s discuss this question in more detail.

These gambling laws state that casino operators cannot offer residents to place bets. Presidential Decree No. 1602 criminalizes the opening of physical casinos in the Philippines. Moreover, it criminalizes all other attempts to organize gambling in the country. Therefore, opening an online casino in this country is also not the best idea.

Meanwhile, the citizens of the Philippines can still legally gamble. The point is that there is no law prohibiting residents of this country from gambling and betting. As we have already mentioned, casinos that are officially regulated from outside the Philippines can legally enter the country’s market.

However, this doesn’t mean that local authorities don’t have any influence on such entities. These casinos are strictly regulated by many regulations, quality standards, and guarantees. Actually, this is beneficial for gamblers because such regulations grant them additional safety and security with digital attractions. There are two main bodies that regulate, supervise, and license gambling companies. It is impossible to offer Filipino citizens a casino website without having a special license.

One such entity that is responsible for gambling regulations in the country is the Philippine Amusement and Gaming Corporation (PAGCOR). It controls casinos and issues licenses to them. However, the authority of this body is still limited in the country. In particular, its power does not extend over the Cagayan Freeport area. This is because of the special status of this free trade zone known as one of the Filipino strategic entities. There is a separate legal center regulating the casinos in this area. As for all other regions of the country, they are controlled by PAGCOR.

If you’re into having some fun in Filipino online casinos, you should pay attention to the diversity of games provided by local gambling platforms. Once you download casino apps or visit gambling sites available in this country, you get access to the outstanding game diversity. Here you will find a huge selection of classic online games, as well as a great number of less popular casino attractions.

You may start with some of the most notable casino classics, such as Blackjack, Baccarat, Roulette, and various slot games. Meanwhile, there are also great opportunities to try luck in poker games. Sometimes, you may be lucky to raise great money in live poker action. Finally, if all these gambling attractions are not enough to satisfy you, you may always try luck in various online casino specials.

Surely, there are many players who doubt the fairness of online casino attractions, including such popular games as baccarat, roulette, or blackjack. However, these are the outcomes of common stereotypes pertaining to the online gambling industry. We did not find any problems with these games at Filipino online casinos. These platforms prove to be legal and popular. Besides, they are constantly checked and re-checked for honesty and reliability.

Surely, we cannot grant you that all gambling websites available in this Asian country are completely fair and secure. To avoid any issues, choose only those casinos that are licensed and constantly regulated and audited. These simple measures will secure you from any issue pertaining to the Filipino casino selection. If you play games from credible providers in legit casinos, your data shall be protected while your winnings will be released without any issues. Therefore, you will be able to forget about the most common concerns of digital gambling.

There are several forms of online gambling that are not prohibited in the Philippines. As we have already mentioned, it goes about entities that are based or regulated from outside the country. So, these are these casino types.

Virtual casinos

These are popular gambling websites that provide a wider selection of games than brick and mortar establishments. In addition, they have many great benefits making them more attractive to a broad audience than land-based casinos. In particular, virtual casinos allow free play and a huge selection of attractive bonuses that no land-based casino would provide to its users. Another great benefit of virtual casinos is that you can access them 24/7 from anywhere if you have a stable Internet connection.

Online poker sites

Poker is one of the most legendary casino games ever, and it is quite popular in the Philippines online casino. Filipino players have access to multiple offshore poker rooms. There they may try playing various formats of their favorite game. In this case, it would be relevant to mention such types of legal Filipino poker as Texas Hold’em, Coney, Studs poker, and Omaha. In many cases, you may even try these legendary gambling favorites in a live format.

Online Sports Betting

Filipino gambling laws allow players from this country to bet on a variety of sports. The most popular ones are soccer, boxing, basketball, and baseball. Surely, this list is not limited to these picks. Sportsbooks available in the Philippines offer much more in their betting lines.

Can I use Philippine pesos when I gamble online?

Many gamblers in the Philippines want to know whether they can use Philippine pesos for their transactions in the country’s most popular online casino websites. PHP is one of the main currencies in the country, but it is not really widespread in the world. However, payments with PHP are preferential for many citizens of the Philippines. Well, everything depends on the site you chose. Some online gambling sites in the country enable players to use Philippine pesos as the currency for transactions. Meanwhile, such an option may be not available on many gambling platforms in the country.

This does not create significant obstacles for Filipinos who are into online gambling. After all, even those websites that do not process PHP offer conversion services to the country’s citizens. In addition, there’s always an option to create an e-wallet or cryptocurrency account with PHP. We strongly recommend you use an e-wallet with the currency you usually play with. This is a convenient solution that perfectly fits today’s technology-driven world. Also, mind that there are some great opportunities to use cryptocurrencies in Philippine online casinos. Fund your account with cryptocurrencies to take advantage of the transactions of the future. This may bring you some great benefits. However, we will discuss the question of payment options in Philippine online casinos and their main benefits in the next chapter of this material.

Deposit and withdrawal options for online casinos

Online casinos in the Philippines are known for their great selection of deposit and withdrawal options. Regardless of your preferences, you will definitely find payment options that fit you the most.

One of the most promising and rapidly developing directions, in this regard, is the use of cryptocurrencies, such as Bitcoin. The main benefit of this option is that Bitcoin is an asset that may become more precious over time. So, by choosing this withdrawal method, you may get a prize that will become even bigger someday. Another great benefit of Bitcoin is that it can be set up with any currency. Finally, Bitcoin is known as a safe and secure option for deposits or withdrawals.

Another popular solution among gamblers in the Philippines is using e-wallets. Such solutions are known for their great versatility when it comes to various national currencies, including PHP. You may easily create a digital wallet with PHP as its primary currency. However, the e-wallet will enable you to fund your online gambling account with a currency that the given site uses. The most popular e-wallets that are broadly used by Filipino gamblers are PayPal and Skrill. Both payment systems are rather simple in use and provide quick payouts. However, make sure to research their fees before using a particular payment system.

Surely, deposit and withdrawal options in Filipino casinos are not limited to cryptocurrencies and online wallets. You may find a broad range of other payment options on these gambling platforms. In particular, you may use credit cards, debit cards, prepaid cards, vouchers, money orders, bank transfers, and cashier’s checks for your gambling transaction. In most cases, such payment options support currency conversion. So, if you don’t like e-wallets and consider cryptocurrency not reliable enough, you may still easily deposit and withdraw money in Filipino casinos with your payment option of choice.

The best casino providers for Filipino players

The Filipino gambling industry is extremely diverse. Here you may easily find a remarkable selection of games developed by different providers. Each significant casino that operates in the Philippines cooperates with at least a few such providers. In many cases, it goes even about dozens of companies that provide their digital attractions to a specific online gambling website. These are game the most popular game development studios that operate in the Filipino market.

Microgaming

It is one of the leading gambling manufacturers that offers more than 500 games to gamblers all around the world. They are known for some legendary slot games, such as Mega Moolah, notable for some unique bonuses.

NetEnt

This industry veteran (it was founded in the 1970s) is known as Microgaming’s biggest competitor. This game is also known for its highly profitable slot games, such as Mega Fortune. These guys also make a strong emphasis on developing slot games that are perfectly compatible with all mobile devices.

BetSoft Gaming

This brand is known as a significant manufacturer of casino games and an unrivaled provider of casino software. These guys are known for their high-tech 3D slots. Their creativity enabled the company to win numerous awards for its efforts, including the 2019 Media Innovator award.

Do I have to pay taxes on winnings at online casinos?

If you wonder whether there are any gambling taxes in the Philippines, the answer is yes. There is a tax you should pay after your win in a digital casino. This tax depends on how big is your you win. Prizes and wins over P 10,000 are typically taxed at 20% for Filipino residents. Although these taxes are rather substantial, they don’t distract Filipino gamblers from their favorite casinos. After all, even with taxes, they can raise huge sums of money.

Legal casinos attract more and more users with attractive bonuses. These are prizes that help such companies make players more engaged. Bonuses come in different formats. However, the most common bonuses are a welcome bonus, no deposit bonus, and free spins. Mind that, in most cases, you should wager the amount of money you win with a bonus. Otherwise, you will not be able to withdraw your money. Usually, it goes about multiplying your bonus-based wins by a specific number. Mind that, sometimes, you may find bonuses that don’t require wagering. However, it is a rare fortune.

Welcome bonus

It is the most famous and the most important promotion for casino newcomers. Many legit online casinos in the Philippines provide their new users with great welcome bonuses that ensure a pleasant start. Meanwhile, different Filipino casinos provide distinctive welcome bonuses. If you’re into finding your best option, research reviews of your platforms to find out the best welcome bonuses. Believe me, sometimes they are really big and can help you earn remarkable prizes. Mind that welcome bonuses always go with wagering requirements. So, creating a casino account and going away with your money before even playing games is not an option.

Free spins

Free spins are important parts of any online casino. They significantly raise your chances to win money in slot games. It goes about receiving an opportunity to spin the reels for free. Sometimes, free spins are available in specific games, while many casinos offer this bonus for almost all games in a casino’s selection. One great benefit of free spins is that they may go without wagering. This means that you should not necessarily multiply your wins in order to go away with the money. The number of free spins may offer differ dramatically. Some casinos offer you only a few spins, while in others you may spin the reels dozens of times.

No deposit bonus

No deposit bonuses are among the most precious bonus promotions available in Filipino casinos. The main benefit of such a bonus is that you may claim it even without any deposit or real funds. In most cases, such bonuses are issued to encourage new players. It is also a gift to those who continue playing at a particular casino for a long time. Sometimes, these no deposit bonuses offer you truly remarkable prizes. However, mind that most no deposit bonuses have specific wagering requirements. Hence, you cannot just claim your prize without playing the games on your chosen Filipino site.

Reference

  1. Philippine Amusement and Gaming Corporation - Wikipedia - https://en.wikipedia.org/wiki/Philippine_Amusement_and_Gaming_Corporation
  2. Bitcoin - Open source P2P money - https://bitcoin.org/en/

FAQ

  • Is online gambling legal in the Philippines?

    There are laws in the Philippines that prevent locals from gambling. However, casinos from outside the country are licensed and legal. They are regulated and monitored by the government.

  • Do I have to pay taxes on my winnings when I gamble online?

    Yes, there is a tax in the Philippines that you have to pay after each win. The size of the tax depends on the amount of money you win.

  • Do licensed online casinos allow Filipinos to gamble in Philippine pesos?

    You can find several sites that offer gambling in Philippine pesos. However, the primary currencies available in the Filipino casinos are the US dollar and Euro.

  • Are online casino bonus offers legal?

    Yes, casinos offer legit bonuses for both new players and those who have been playing for a while. Here you may find match bonuses, no deposit bonuses, welcome bonuses, and free spins.

Author
  • Professional Content Maker And Senior Advisor.
  • Analyze Of Gaming Markets And Digital Creator In Gambling Industry.
Hiraya Alonto is a senior advisor and professional content creator at casinophilippines10.com. Graduated from University of the Philippines, worked as writer at Manila Times magazine. She is in charge of researching, editing and publishing content in both traditional and online media. She also produces content for digital resources such as FaceBook, Twitter and Instagramm. She analyzes reader data and develops content strategies to maximize user engagement.
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