The Philippine Amusement and Gaming Corporation (PAGCOR) is slashing the tax rate for online and retail betting platforms in an effort to attract more licensees.
PAGCOR chairman and CEO Alejandro Tengco announced the new rate on Tuesday (19 March), with the change set to come into force on 1 April.
Speaking at the opening of the ASEAN Gaming Summit, Tengco said the rates for online and onsite betting platforms will be lowered by an average of five [...]
