July 19, 2025

Daily Asia Gaming eBrief: PH gov’t ponders 10% tax increase on online GGR

Death by 1,000 taxes. That’s the concern now for the online gaming industry in the Philippines, as the government is […]

Banking

New CMEPA Law Imposes Flat 20% Tax on Deposit Interest

Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox Major Philippine banks have begun applying

News

Clark casino promoter Hann gets Philippines SEC nod for IPO, due for Sept 23

The Philippines’ Securities and Exchange Commission (SEC) says it has approved the initial public offering (IPO) by Hann Holdings Inc,

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PAGCOR is a 100 percent government-owned and controlled corporation under the Office of the President of the Republic of the Philippines.

The state-owned gaming firm was created during the Martial Law years by virtue of a Presidential Decree (PD) 1067-A issued by then President Ferdinand Marcos in response to calls for the Philippine government to put a stop to the growing proliferation of illegal casino operations in various parts of the country.

Onlinekingcasino is operated by BlockDance B.V. (Commercial register of Curaçao no.158182, Emancipatie Boulevard Dominico F. "Don" Martina 31, Curaçao) under a sublicense CIL pursuant to Master gaming License #5536/JAZ.

Crypto trading is not gambling by definition, therefore it is not covered by our gaming license.

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Onlinekingcasino has a legal license from PAGCOR in the Philippines, and its professional team independently develops a variety of Casino games, ensuring fairness and justice!