The Philippines is number one in online casino in Asia, according to international gaming experts. Harmen Brenninkmejer, senior vice president of Inspired Interactive, said online gaming is legal in the Philippines and is under control of government agencies.
Benninkmejer, who spoke at a conference in Macau last week, added that Asian countries envy the Philippines since it could handle this technology-based casino.
In Macau, online gaming is called “iGaming,” short for Internet gaming. In the Philippines it is called “e-Games,” short for electronic gaming.
At present, online gaming technology provider Philweb has 227 outlets nationwide.
Philweb said e-Games is an Internet outlet dedicated to casino games. Patrons can choose from over 300 casino games, including baccarat, blackjack, various slot machine games and video poker. Most e-Games cafes operate 24/7. Players can easily switch from one game to another with just a click.
Benninkmejer said aside from the Philippines, some countries in Europe and some states in America allow e-Games.
In China, online gaming is strictly prohibited. In other Asian countries, such as Japan and South Korea, even regular board casino is either banned or allowed with restrictions.
Any individual or company registered with the Department of Trade and Industry and the Securities and Exchange Commission may apply to become authorized e-Games outlet operator. The e-Games operator handles day-to-day operations and gets a monthly commission based on winnings.
A typical e-Games outlet would have at least 10 ordinary PCs connected in a local area network set-up and a cashier’s terminal. At any given time, there are at least three staff in the outlet. Players can access casino games instantly by handing cash (minimum of P500 initial load) to the cashier, which will then be loaded to the gaming terminal of the player’s choice using an online Point of Sale system.
Philweb started its operations in 2007. In 2012, its net income was P914.4 million. Last year, the income surged to P1.1 billion.