Licences/Philippines

Philippines PIGO Licence — Cost & Bank Account

Real Philippines PIGO licensing costs from PAGCOR, plus how to open a bank account once you hold it. Setup typically 24 weeks; banking usually 10 days after.

Cost overview (5-year all-in)

Application fee
€50,000
Annual licence
€1,700,000
Capital req.
€100,000
GGR tax rate
35.0%
Legal setup
€100,000
Compliance / yr
€120,000
Audit / yr
€40,000
5-year total
€9,550,000
Setup time24 weeks
Term5 years
Local personnel requiredYes
Player-fund segregationRequired
Tierother regulated
Confidencehigh

Notes

Minimum Guaranteed Fee (MGF): PHP 9M/mo e-casino, PHP 3M/mo sportsbook from Apr 2026. 35% GGR tax.

Primary sources

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