PAGCOR award online gaming license to DFNN. DFNN Inc. has obtained an online gaming licence from the Philippine Amusement and Gaming Company through its subsidiary Inter-Active Entertainment Solutions Technologies Incorporated (IEST) (PAGCOR).
InPlay, IEST’s new remote gaming platform, is established to expand its existing land-based framework, enabling a certain portion of gaming to take place in the privacy of the client’s own home. However, this service is only available to VIP players who must comply with strict eligibility and registration procedures as well as strict KYC protocols, including a two-way video call, personal registration and deposit & withdrawal at the outlet.
DFNN Chief Executive Calvin Lim said “The main focus now should be combating illegals and the industry should work in unison to do so. Illegal online casino has been flourishing, becoming so creative as to engage agents/affiliates in order to differentiate themselves by forming clubs to recruit players. In many countries, both online and land-based, gaming has co-existed for many years and all remained profitable.”
“So many people have been scammed falling prey to identity theft and credit card fraud by illegal operators using social media platforms, even plastering the logos of government agencies such as DTI, DOF and PAGCOR to lure players. Anything illegal is unsafe and detrimental to the economy. These illegal operators take the government’s business and revenue allotted for charity and various free social services. Worse, it siphons money overseas to the detriment of the economy taking away much needed aid for indigent Filipinos,” DFNN said.