Memo to Operators GSRM v2.2 monitoring fee

A Sure Bet for Progress in Gaming, Entertainment and Nation Building Philippine Amusement and Gaming Corporation

MEMORANDUM January 5, 2017

TO : ALL GAMING SITE OPERATORS (BINGO GAMES) ALL GAMING SITE OPERATORS (ELECTRONIC GAMES) ALL SERVICE PROVIDERS (ELECTRONIC GAMES)

F R O M: THE ASSISTANT VICE PRESIDENT.GLDD

SUBJECT : APPLICATION OF MONITORING FEE TO NEW GAMING SITES

and 5 of the following regulatory manuals regarding the application of Monitoring Fee to new gaming sites: Please be advised that the PAGCOR Board of Directors approved in its meeting on January 4, 2017 the implementation and inclusion of amendments to Regulations 4 2. Gaming Site Regulatory Manual version 2.2 (Bingo Games). 1 Gaming Site Regulatory Manual version 2.2 (Electronic Games); and

can now be viewed or downloaded from the corresponding "Amendment" link at "Electronic Gaming & Poker" page through "Regulatory" page of the PAGCOR website: Payment by the Operator of Monitoring Fee amounting to thirty five thousand pesos (PhP35,000.00) shall also apply to new gaming sites. The following amendments

1. Regulation 4 (Fees and Other Monetary Requirements), Section 1-(d). The description/definition of the Monitoring Fee shall be revised.

FROM TO (d) Monitoring Fee -- shall be paid |(d) Monitoring Fee -- shall be paid upon whenever an Operator applies for renewal of license. approval of the application by the PAGCOR Board of Directors or whenever an Operator applies for renewal of license.

2 Regulation 4 (Fees and Other Monetary Reguirements), Section 2. Table of Fees, i.e. "Monitoring" row and under the column "New Site," shall be checked FROM TO Cell in

Monitoring Processing Application Inspection Type of Fee PhP40,000.00 PhP50,000.00 PhP35,000.00 PhP5,000.00 Amount New Site of License Renewal Y Processing Monitoring Application Inspection Type of Fee PhP40,000.00 PhP50,000.00 PhP35,000.00 PhP5,000.00 Amount New Site Y Y of License Renewal Y A

PAGCOR HOUSE:1330 Roxas Boulevard Ermita, Metro Manila, Philippines 1000 Tel. (632) 521-1542 Connecting AIl DepartmentsFax (632)522-2969 Website:www.pagcor.ph

3. Regulation 5 (The Application), Section 5-(b). A subsection for payment of Monitoring Fee shall be inserted as subsection (c)

FROM TO (c) Payment of the applicable Fees is NOT an assurance of approval of the gaming site. (c) Payment of Monitoring Fee shall be made upon approvalof the application by the PAGCOR Board Of Directors and prior to

the gaming site. commencement of operations of

(d) Payment of the applicable Fees is NOT an assurance of approval of the gaming site.

Effectivity of the above amendments shall be on January 5, 2017

RAMON L. GELVEZON

CC CMED

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