License Name
First Cagayan Leisure and Resort Corporation (FCLRC) Interactive Gaming License
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Issuing Country/Region
Philippines (Cagayan Special Economic Zone and Freeport, CSEZFP)
Regulatory Body
Cagayan Economic Zone Authority, Cagayan Special Economic Zone and Freeport, Sta. Ana, Cagayan Province, Philippines
Types of Regulated Games
Online casino games, sports betting, lottery, e-bingo, data/content streaming
Market Coverage
International
Regulator's Reputation
Good
Legal Entity Requirements
Must be incorporated and based within the Philippines, specifically in the Cagayan Special Economic Zone
Minimum Share Capital
Information not found in publicly available sources
Directors and Shareholders Requirements
Background check required for key officers and significant shareholders
Anti-Money Laundering (AML) Requirements
Must comply with Philippine AML regulations and have internal AML policies
Data Protection Requirements
Subject to Data Privacy Act of the Philippines
Reporting Requirements
Regular reporting on financial performance and compliance
Audit Requirements
Subject to technical testing/certification and possible audits before full license is granted
Software Certification Requirements
Gaming systems must pass technical testing and be certified by independent laboratories
RNG Certification
Technical testing required, including assessment of random number generators
Payment System Requirements
Information not found in publicly available sources
Server Location Requirements
Operators must have online gaming system and infrastructure established in the CSEZFP
Domain Name Requirements
Information not found in publicly available sources
Language Support Requirements
Information not found in publicly available sources
Currency Support Requirements
Information not found in publicly available sources
Legal Compliance Costs
Fees start from $40,000 to $60,000 per year plus legal/compliance costs
Background Checks
Comprehensive probity checks on key personnel and major stakeholders
License Scope Restrictions
May not target players resident in the Philippines
Jurisdictional Tax Compliance
Applies taxes of 2-5% of gross gaming revenue depending on product
Player Data Storage Requirements
Must comply with the Data Privacy Act
Cross-Border Operations
Permitted for international online gambling, not for local market
License Application Transparency
Subject to review and publication by regulator
Regulatory Contact Point
FCLRC and CEZA as designated contacts
Compliance Officer Requirement
Security/compliance officer appointment required
Local Partnership Requirements
Registration and establishment within CSEZFP required
Legal Dispute Resolution
Disputes resolved in accordance with Philippine law and regulations of CEZA
License Transferability
Information not found in publicly available sources
Sub-Licensing Rules
Not permitted under current framework
License Cost
$40,000 to $60,000 per year depending on scope of games offered
Annual Fees
$40,000 to $60,000 per year depending on licence level and products
Income Taxes
2% to 5% of gross gaming revenue
Player Winnings Taxes
No withholding requirement found for offshore licensees targeting foreign players
Financial Guarantees
Bank guarantee requirement may apply, consult FCLRC for details
Liquidity Requirements
Information not found in publicly available sources
Financial Reporting Requirements
Regular financial reporting to regulator
Application Processing Time
Initial license valid for 6 months (can be renewed for 6 more months), then one-year renewable full license
Required Documents
Application form, business plan, company documents, technical specifications, compliance documentation, identity and background documents for directors/shareholders
Business Plan Requirements
Submission of a business plan is required
Internal Policy Requirements
Internal AML, security and responsible gambling policies required
Testing Requirements
Independent technical laboratory certification prior to full license
Certification Requirements
Ongoing compliance and certification of gaming systems and software
Staff Qualifications
Background checks required for key personnel
Physical Office Requirements
Base of operations and infrastructure must be located in Cagayan Special Economic Zone
Local Representative Requirements
Local establishment within CSEZFP required
Marketing Restrictions
May not target residents of the Philippines
Responsible Gaming Measures
Information not found in publicly available sources
Self-Exclusion System
Information not found in publicly available sources
Age Verification Procedures
Background and KYC checks on players
KYC Procedures
Identity check and verification required
Customer Support Standards
Information not found in publicly available sources
Complaint Handling Procedures
Information not found in publicly available sources
Player Funds Protection
Information not found in publicly available sources
Payout Timelines
Information not found in publicly available sources
Bonus and Promotion Regulations
Information not found in publicly available sources
Permitted Games List
All standard online casino, sports betting, lottery, and data/content streaming
Betting Limits
Information not found in publicly available sources
RTP Requirements
Information not found in publicly available sources
Jackpot Regulations
Information not found in publicly available sources
Live Game Requirements
Permitted if all other requirements met
Mobile App Compliance
Information not found in publicly available sources
Affiliate Program Rules
Information not found in publicly available sources
Security Standards
Subject to approval by regulator and technical certification
Encryption Requirements
Secure network and IT systems required, with independent certification
Backup Requirements
Information not found in publicly available sources
Monitoring Systems
Must maintain systems for compliance and monitoring of all gambling activities
Operation Logging
Required for compliance and technical audit purposes
Anti-Fraud Systems
Operators must have measures to prevent fraud and money laundering
API Integration Standards
Information not found in publicly available sources
Hosting Requirements
Servers and infrastructure must be within the Cagayan Special Economic Zone
CDN Usage
Information not found in publicly available sources
Scalability Requirements
Information not found in publicly available sources
Uptime Requirements
Information not found in publicly available sources
Technical Support Availability
Information not found in publicly available sources
License Duration
Initial 6 months, renewable for 6 months, then annually renewable licenses
Renewal Procedure
Application and compliance audit required for renewal
Penalties for Non-Compliance
Fines, suspension, or license revocation
Ownership Change Rules
Requires notification and approval of regulator
Mergers and Acquisitions Rules
Subject to review and approval of regulator
Subcontractor Regulations
Subject to approval and compliance checks
Branding Requirements
Information not found in publicly available sources
Intellectual Property Protection
Information not found in publicly available sources
Dispute Arbitration
In accordance with Philippine law and CEZA/FCLRC procedures
Insurance Requirements
Information not found in publicly available sources
Charity Contributions
Information not found in publicly available sources
Staff Training Requirements
Information not found in publicly available sources
Innovation Support
Information not found in publicly available sources
Sustainability Initiatives
Information not found in publicly available sources
Accessibility Standards
Information not found in publicly available sources
Multilingual Support
Information not found in publicly available sources
Cryptocurrency Support
Information not found in publicly available sources
Esports Betting Regulations
Permitted under scope of listed product types
Fantasy Sports Regulations
Information not found in publicly available sources
Official Address
First Cagayan Leisure and Resort Corporation, 32-36F Ecoprime Building, 32nd Street corner 9th Avenue, Bonifacio Global City, Taguig City 1635, Philippines
Departments
CEZA oversight, FCLRC Interactive Gaming Licensing
FAQ Question 1
What is First Cagayan Leisure and Resort Corporation (FCLRC) Interactive Gaming License?
FAQ Answer 1
The FCLRC Interactive Gaming License authorizes operators to provide online casino, betting, and interactive gaming services to international customers from the Cagayan Special Economic Zone under CEZA regulation.
FAQ Question 2
Which jurisdiction issues First Cagayan Leisure and Resort Corporation (FCLRC) Interactive Gaming License?
FAQ Answer 2
The license is issued within the Cagayan Special Economic Zone by the Cagayan Economic Zone Authority (CEZA), with FCLRC acting as Master Licensor and regulator.
FAQ Question 3
What is the cost of obtaining First Cagayan Leisure and Resort Corporation (FCLRC) Interactive Gaming License?
FAQ Answer 3
The license cost ranges from $40,000 to $60,000 per year depending on the scope of products, plus taxes of 2-5% of gross gaming revenue; other compliance costs may apply.
FAQ Question 4
What are the main requirements for First Cagayan Leisure and Resort Corporation (FCLRC) Interactive Gaming License?
FAQ Answer 4
Main requirements include local corporate registration in CSEZFP, submission of business plan, technical certification, AML policies, background checks, regulatory compliance, and regular reporting.