To further strengthen the regulation of casinos, the Philippine government passed Republic Act No. 9487 in 2007. This law provides stricter guidelines for the operations of casinos, including requirements for licenses, taxation, and penalties for non-compliance. It also created the Philippine Casino Regulatory Authority (PCRA), an agency under the Department of Justice, to assist PAGCOR in regulating and supervising the casino industry.
The PCRA is responsible for inspecting and monitoring the operations of casinos to ensure compliance with the law. It conducts regular audits and investigations to detect any irregularities, such as money laundering or organized crime involvement. The PCRA’s presence ensures that the casino industry remains free from illegal activities and maintains its credibility.
