Banking Methods for Online Casinos in the Philippines

24th February 2022

Banking Methods for Online Casinos in the Philippines

You can also play more than 200 live tables that give you a taste of what it's like to play at a real casino. Casinonic offers first-time gamers a welcome-bonus perk.

7. BitStarz Casino - Best crypto casino

BitStarz Casino is a well-established casino with a license from the United Kingdom Gambling Commission. It has a trustworthy environment and allows you to enjoy a wide range of games. It accepts payment options, including PayPal and Neteller.

BitStarz Casino has more than 700 mobile games, Narcos and Double Diamond being gamers' top choices. You can also play 100 live table games and over 600 slots. It also offers a welcome bonus that gives you an incentive for your first deposit.

There is a wide range of deposit and withdrawal methods available at online casinos in the Philippines. Here is a brief summary of the most common payment methods.

Cryptocurrency – Bitcoin in particular is becoming increasingly easy to purchase in the Philippines. As such, more online crypto casinos are accepting these payment methods. The likes of Spin Casino and Bovada in particular offer a huge range of crypto options. These include Bitcoin Cash, Ethereum, Litecoin, and even Dogecoin!

  • Bank Cards – Visa and Mastercard are the most common card payment options available at online casinos in the Philippines.
  • E-Wallets – NETELLER and Skrill are trusted e-wallet payment methods found at the majority of casino sites that offer services to Filipinos.
  • GCash – Despite being immensely popular among Filipinos, this mobile money solution is not yet offered as a deposit method by online casino sites in the Philippines. However, this could change in the near future as fresh legislation opens up new avenues for payments.

Online Casinos Regulation in the Philippines

Gambling, both land-based and online is legal and regulated by the Philippine Amusement and Gaming Corporation (PAGCOR). The government organization was created under a Presidential Decree (PD1067-A) by President Ferdinand bling laws were consolidated under PD 1896. The role of PAGCOR is to oversee the gambling industry in the Philippines and curb illegal gambling. To operate legally in the Philippines, a gambling operator must hold a license from PAGCOR.

The Philippines is home to a wide range of prestigious casino resorts, with the largest share based in Metro Manila. Resorts World Manila, for instance, is one of the world's biggest casinos. PAGCOR has also issued licenses to around 70 online gambling operators within the country. However, under Philippine gambling laws, licensed operators are not permitted to offer their services to residents of the country. Whilst Philippine residents are prohibited from playing at online casinos located within the country, it is legal for Filipinos to play at online casinos located offshore.

So, to gamble online legally in the Philippines, you should play at licensed and regulated offshore gambling sites. Each of our recommended online casino sites in the Philippines complies with the legal regime. Furthermore, each one is licensed and regulated by leading authorities, ensuring that they are safe and legit.

The most recent changes to Philippine gambling laws were enacted under Executive Order No. 13 in . The focus of the order was to strengthen the fight against illegal gambling in the country. As the government is focused on curbing illegal gambling, we urge you to avoid playing at state-licensed online casinos (which is illegal) and play only at trusted offshore sites (which is legal).

Gambling in the majority of the Philippines is regulated by PAGCOR. But there are variations on gambling regulations at a national level. Cagayan Valley is governed by the Cagayan Economic Zone Authority (CEZA). Both organizations follow the same general gambling laws in the country. Both regulate online casinos in their region. However, each has control to manage their respective regions as they decide, provided they abide by national laws