<\/p>\n
ONLINE GAMING operator Casino Plus said it secured a P1-billion surety bond through PhilFirst Insurance Corp. as a part of its compliance and risk management framework for its Philippine operations.<\/p>\n
In an announcement on Monday, Casino Plus said the bond serves as a financial guarantee tied to certain obligations to regulators and players under its operating framework.<\/p>\n
\u201cWe understand that Filipinos are being more careful about where their money goes. Our P1-billion surety bond reflects our commitment to operating with financial discipline, transparency, and accountability,\u201d Casino Plus Chief Executive Officer Evan Spytma said.<\/span><\/p>\n The corporate said the bond forms a part of its broader compliance safeguards, which include know-your-customer (KYC) verification procedures, customer support systems, and responsible gaming measures required under existing regulations.<\/p>\n Casino Plus operates under a license issued by the Philippine Amusement and Gaming Corp. (PAGCOR).<\/p>\n The corporate didn’t disclose specific terms governing the bond, including the extent of coverage related to player claims or operational liabilities.<\/p>\n The Philippine online gaming industry has faced tighter regulatory oversight in recent times as authorities proceed to strengthen compliance, anti-money laundering (AML), and consumer protection standards for digital gaming platforms.<\/span><\/p>\n Individually, the Philippine Statistics Authority (PSA) reported that inflation accelerated to 7.2% in April 2026 from 4.1% in March, adding pressure on household spending and discretionary consumption.<\/p>\n \u201cCasino Plus stays committed to making sure that players are treated not only as users, but as individuals who deserve fairness, security, and care,\u201d the corporate said. \u2014 Alexandria Grace C. Magno<\/b><\/span><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" STOCK PHOTO | Original Background Image by Dragana_Gordic from Magnific ONLINE GAMING operator Casino Plus said it secured a P1-billion surety bond through PhilFirst Insurance Corp. as a part of its compliance and risk management framework for its Philippine operations. In an announcement on Monday, Casino Plus said the bond serves as a financial guarantee […]<\/p>\n","protected":false},"author":1,"featured_media":340811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[2084,3255,19094,41484,4047,41485],"class_list":["post-340810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bond","tag-casino","tag-p1b","tag-philfirst","tag-secures","tag-surety"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/340810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=340810"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/340810\/revisions"}],"predecessor-version":[{"id":340813,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/340810\/revisions\/340813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/340811"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=340810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=340810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=340810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}