Philippine gaming regulator PAGCOR has issued a directive requiring the country’s casino operators and support service providers to immediately review their existing risk models and update their anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks in line with the findings of its latest Casino Sector Risk Assessment.
The review, spanning 2021 to 2024, found that the nation’s casino sector was at “High Risk” for money laundering and “Medium Risk” for terrorism financing. In an advisory dated 13 July 2026, PAGCOR determined that operators were therefore expected to strengthen their risk framework, customer due diligence, transaction monitoring and suspicious transaction reporting.
