During the Inside Asian Gaming Summit on yesterday, PAGCOR chairman and CEO Alejandro Tengco said the gross gaming revenue (GGR) remittance rate of betting platforms would be slashed further starting Jan. 1, 2025.
As such, fees will be cut to 30 percent for brick-andmortar licenses and a lower 25 percent for integrated resorts which are also involved in online gaming due to their more complex operations amid the need for infrastructure, foreign consultants and professional managers.
Currently, the rate is at 35 percent for both.
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